Al-Watani Investment Company, one of the leading investment companies in the region and the investment arm of the National Bank of Kuwait Group, won the Global Finance Award for “Best Bank in Debt Transactions” in the Middle East for the year 2022.
Global Finance, through its awards, highlights the world’s best performing companies in the banking and financial services sectors, making them a reliable mark of quality and distinction in the global financial community. The Global Finance award reinforces the success of NBK Capital and its position in supporting its clients during this exceptional period in the history of global markets.
The award is a testament to the momentum of debt transactions carried out by NBK Capital during the past year and its continuity in meeting the needs of its clients for specialized financial advice in the field of capital markets in general and debt markets in particular, as the company played a pivotal role in providing advice to many issuers of securities. Local and regional employees and workers in various sectors, including the oil, petrochemicals and banking sector, in their issuances using the instruments of the local, international, conventional and Islamic debt markets. Moreover, NBK Capital succeeded during 2021 in arranging bond and sukuk deals worth more than $8.9 billion, through a number of diversified deals in sectors, currencies and issuance types.
Faris Hamami, CEO and Head of Investment Banking, said: We are delighted to receive this honor, which reflects our solid track record in the debt markets and the execution of outstanding deals.
“Investment banks are playing a leading role in reshaping the global economy as the pandemic progresses,” said Joseph de Giarapoto, publisher and managing editor of Global Finance. He added, “It is more important now than ever for companies to understand the specializations and skills offered by investment banks, and the Global Finance Awards are a powerful source to cover the work of leading institutions in this sector.
The investment banking services division of NBK Capital provides a full range of financial advisory services to companies, including capital markets, debt markets, mergers and acquisitions, and financial advisory services. This enhances the company’s leading role as the preferred financial advisor in Kuwait. NBK Capital has also played an important role in many issuances in the traditional and Islamic debt markets in the global and local markets, and restructuring deals worth more than $33 billion to date.