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Kuwait: Kuwait Financial Centre “Markaz” was recently named the ‘Best Investment Bank in Kuwait’ for 2021 by Global Finance Magazine, the New York-based financial publication for the tenth time in 11 years. The award follows the results of the annual survey, which are scheduled to be published in the magazine’s April issue.
Markaz topped the list of the most distinguished investment banks in Kuwait, based on international standards. The criteria for selection included quality of service, volume of transactions, market share, pricing, and innovative transactions.
Mr. Ali H. Khalil, Chief Executive Officer, expressed Markaz’s pride in winning the award, which is a tribute to its leading position in the market and the excellence of its products and services. Since inception, Markaz has won more than 50 investment banking and asset management awards from several esteemed international institutions.
Mr. Khalil stated: “Markaz won the “Best Investment Bank in Kuwait” award for the tenth time in 11 years, which reflects the exceptional quality of our investment banking team; especially in the areas of advisory and capital markets. It is the result of our strong commitment to provide our clients with the best quality service and to deliver on what we promise under all circumstances. This has earned us the trust of our clients and the notable appreciation we get from our local and international partners.”
Despite the challenges faced by regional markets during previous years, Markaz has earned the reputation of being one of the most reliable investment institutions due to its consistent performance throughout the years. This reflects the strength of the company’s research-driven culture in decision-making. Markaz offers full-fledged services in asset management, investment banking and real estate.
Markaz Asset Management includes regional equity and fixed income mutual funds, and portfolio management. Its real estate activities include managing real-estate funds, direct real estate investments, and real estate development covering the GCC, Europe and the USA. Also, its Wealth Management team offers global asset allocation investments for family offices and institutional clients. Markaz Investment Banking solutions encompass issuance of debt and equity, advising corporate clients on dispositions and acquisitions, and debt and capital restructuring.
The Global Finance Magazine Awards are considered a benchmark for excellence in the global finance community, as the magazine’s editorial staff make their decision after extensive consultations with banking experts as well as financial managers and analysts from around the world. The award is based on multiple criteria related to growth in assets, profitability, geographical reach, strategic relationships, development of new business, product innovation, reputation, customer satisfaction, and opinions of analysts and other players in this sector. Top financial institutions that successfully meet these criteria are recognized as the most attractive companies for clients around the world.
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About Kuwait Financial Centre “Markaz”
Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 979 million as of 31 December 2020. Markaz was listed on the Boursa Kuwait in 1997.
For further information, please contact:
Sondos S. Saad
Media & Communications Department
Kuwait Financial Centre K.P.S.C. "Markaz"
Fax: +965 2246 7264
Email: ssaad@markaz.com
© Press Release 2021
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