21.10.2019
Kuveyt Türk is the best in Türkiye
KT Bank AG is the best in Europe
One of the leading finance institutions of Türkiye, Kuveyt Türk and its subsidiary KT Bank AG were rewarded at World’s Best Banks Award held by Global Finance, one of the most prestigious economy and finance periodicals of the world with presence in 163 countries While Kuveyt Türk was honored with the award of “Best Islamic Financial Institution of Türkiye”, its 100-percent subsidiary KT Bank AG based in Germany was selected the “Best Islamic Financial Institution of Europe”. Kuveyt Türk and KT Bank AG achieved a remarkable success by being granted the same category awards in two years in a row.
Two awards have been presented at the same time to Kuveyt Türk and its overseas subsidiary KT Bank AG at World’s Best Banks Award held by New York-based Global Finance, one of the most prestigious economy and finance periodicals of the world with presence in 163 countries. While Kuveyt Türk has received the award of “Best Islamic Financial Institution of Türkiye”, its 100-percent subsidiary KT Bank AG operating in Germany was selected the “Best Islamic Financial Institution of Europe”. Kuveyt Türk and KT Bank AG, which had received the same awards at the ceremony held by Global Finance last year, succeeded in being on the list of the best two years in a row.
“We offer modern, stable, reliable and quality service”
World’s Best Banks Awards ceremony was held in Washington, October 19, 2019 as part of IMF-World Bank Annual Meetings. Ufuk Uyan, Chief Executive Officer of Kuveyt Türk who attended the ceremony on behalf of Kuveyt Turk and its subsidiary KT Bank AG, stated that they had the pleasure of receiving one of the most prestigious awards in the world for two years in a row and said, “We continue our efforts to support the real economy and sustainability of business activities with the products and services we develop. While we reach our customers through our 424 branches all over the country, we have also increased the number of customers in digital to over one million. We will continue to provide modern, stable, reliable and high quality service with our Export Support Package in effort to support the exports and increase foreign currency inflow to the country, our flexible solutions for SMEs and pioneering efforts in gold and sukuk fields.” Noting that another one of the areas they attach strategic importance to is foreign trade, Mr. Ufuk Uyan pointed out that they continuously develop and diversify their foreign trade products with their wide correspondent network and expert staff.
KT Bank AG reaches 52 countries from Germany
Recalling that KT Bank AG is the first full-fledged financial institution operating based on European participation finance principles, Mr. Uyan, Kuveyt Türk’s CEO said, “We continue our efforts for the opening of the fifth branch office in Munich following Berlin, Frankfurt, Mannheim and Cologne branch offices of KT Bank AG, headquartered in Frankfurt, the financial capital of the Eurozone. KT Bank AG is active not only in Germany but also in large spanning geography especially including Europe. We hold the accounts of around 20 thousand clients in 52 countries in te European Union, Türkiye and the GCC (Gulf Cooperation Council) region. Aiming primarily to increase the number of customers abroad, KT Bank AG continues its efforts to increase access to the interest-free financial system in other European countries in the medium and long term. KT Bank AG, which has created an important opportunity for new investments with its strong ties in a wide geography, has once again proved its success by being selected once again as the best in Europe.”