NBK Wealth Receives the Award of Outstanding Private Bank for High-Net-Worth Clients
As part of the Private Banker International Magazine’s 34th annual Global Wealth Awards, NBK Wealth Group received the award of Outstanding Private Bank for High-Net-Worth clients for the year 2025. The ceremony was held in Singapore to honor leading private banking and wealth management firms that contribute to shaping the future of the sector.
This award confirms NBK Wealth Group’s leadership and strong commitment to providing private banking solutions and exceptional wealth management services that cater to the diverse and growing needs of clients, in addition to its ability to help achieve sustainable growth and provide added value for clients with focus on building long-term relationships that rely on trust and transparency.
As one of the most reliable awards in the field of global wealth management, The PBI Global Wealth Awards celebrate the resilience and innovation of private banks and wealth management firms worldwide, acknowledging their excellence in the industry through the services, products, and strategies they provide across different locations, in addition to their support for digital transformation in the sector.
The PBI Awards span across multiple categories, including Outstanding Private Bank (The Middle East, Europe, Asia), Most Effective Investment Offering, Best Use of Technology, Best ESG Strategy, and Best Customer Experience.
This prestigious award has been granted to NBK Wealth Group based on several criteria, most importantly the strategic excellence that measures an institution’s ability to develop and execute effective strategies in the face of economic challenges, as well as innovative financial solutions and products for High-Net-Worth Clients, in addition to digital transformation and use of technology to enhance customer experience and simplify operations.
Moreover, the criteria also included sustainable and socially responsible practices that focus on commitment to responsible investment as per ESG standards, outstanding customer experience, geographical dispersion, and institutional influence which includes the volume of operations, regional and international presence, and finally strategic partnerships.
Not only does this award verify NBK Wealth’s excellence in providing innovative solutions and ability to seek to help clients earn rewarding profits– further winning their trust and confirming its leadership – but it also reflects the Group’s strong brand. NBK Wealth Group is the biggest wealth management firms locally and one of the largest regionally, as it draws its strength from the regionally and internationally leading brand of NBK Group, which celebrates a long record of achievements and global awards in recognition of its efforts in the banking sector.
The Group strongly focused on catering to the needs of High-Net-Worth Clients, along with seeking to achieve growth in their managed assets and providing them with customized solutions. It has also entered into several effective strategic partnerships aimed at providing diverse investment opportunities selected for the clients, such as the partnership with JP Morgan Asset Management, which enhances the bank’s ability to provide comprehensive investment solutions.
Furthermore, NBK Wealth Group seeks to go beyond enhancing its clients’ wealth and strives to become the number one trusted choice in the field, in addition to diligently helping them seek to build a continued and multi-generational legacy.
NBK Wealth is a foundational part of NBK Group and one of the leading wealth management groups in the Middle East. It enjoys a wide geographic footprint spanning 9 cities across 5 countries worldwide, through which it provides a comprehensive selection of services. Moreover, it adopts a customized solution approach that meets the unique needs of every High-Net-Worth client, whether individual or institution.
It is worth noting that NBK Wealth provides wide-ranging private banking services, including comprehensive financial planning, investment portfolio management, specialized consultation services in family finances, real estate, credit and monetary management, credit services, and wills. The Group distinguishes itself by focusing on understanding the unique financial goals of every client, as well as designing customized strategies that seeks to achieve the highest profits. Moreover, the Group is part and parcel of NBK Group, which is deemed as one the largest institutions in the Middle East, which gives it a strong foundation and wide experience in the local, regional, and global markets. Therefore, NBK Wealth’s award further consolidates the Group’s trustfulness and commitment to innovation in every business aspect.
NBK Wealth is a brand registered under the name of National Bank of Kuwait S.A.K.P (“NBK”), for use by the Asset Management business of, among other NBK group entities, Watani Investment Company K.S.C.C. , a leading investment firm and its affiliates worldwide, combined with the Private Banking services of NBK worldwide, which is one of the largest and oldest financial institutions in the region.
Download news clippings here
