19 January 2015
Kuwait - Kuwait Finance House (KFH) has won Best Treasury Management and Best Cash Management awards from The Banker Middle East Magazine, a publication owned by CPI Financial. The awards confirm KFH's outstanding performance and its developments and innovations in the fields related to liquidity management, and treasury in an optimal way and in line with the highest international standards.

General Manager Kuwait Treasury at KFH, AbdulWahab Al-Roshood, stated on the heels of receiving the awards, that the awards affirm KFH's solvency and robust position, in addition to the professionalism bank enjoys, noting that liquidity management is a key player in the bank's operations.

He indicated that KFH adopts balanced and prudent strategy in liquidity management, noting that KFH enjoys extensive experience in cash management and achieving best returns with lowest risk as per its commitments and the regulatory and legislative standards.

Moreover, Al-Roshood explained that KFH established an investment arm "Liquidity Management House" LMH which is named now KFH- Investment, not to mention that KFH is considered as a major dealer in Sukuk issuances from International Islamic Liquidity Management Corporation IILMC located in Malaysia. He added that Sukuk market is among the most promising investment tools in this field.

He underlined the importance of treasury function in a bank where it balances the financial statues and manages all assets and liabilities. Also, it studies the market's risk and uses the suitable banking tools to manage it.

-Ends-

About Kuwait Finance House (KFH)
KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 380 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Australia, Jordan, Dubai, and Manheim in Germany.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.

For more information, please visit: www.kfh.com

© Press Release 2015