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‘Network International’ awards Warba Bank for “Insightful Leadership and Pioneering Cards Services”

publish time

06/11/2024

publish time

06/11/2024

<b>‘Network International’ awards Warba Bank for “Insightful Leadership and Pioneering Cards Services”</b>

KUWAIT CITY, November 6: Network International awarded Warba Bank for “Insightful Leadership and Pioneering Cards Services”, reflecting Warba Bank’s recent implementation of innovative services, including instant issuance of credit and prepaid cards to allow clients to request and receive the card ready for use within just 5 minutes, in addition to interactive communication solutions for chargeback and fraud prevention.

The Network International team that awarded Warba Bank was presented by the Group’s CEO Nandan Mir, Regional Manager Girish Nanda, and Senior Account Manager Adnan Hadla. Those honored from Warba Bank were: CEO Shaheen Al-Ghanem, Chief Retail Banking Officer Ahmed Al-Qatami, Chief Digital Officer Nasser Al-Mutawa, Deputy Chief Retail Banking Officer Musaed Al-Mazyad, and Cards Director Sherif El-Bagoury.

Warba Bank CEO Shaheen Hamad Al-Ghanem stated: “We are proud of this honor that comes from a well-established institution with a long history spanning over 30 years, providing innovative solutions that increase revenues and profitability for clients and help companies and economies thrive by simplifying trade and payments.”

Al-Ghanem added that Warba Bank has succeeded in recent years in providing a range of diverse services and products that suit the aspirations and ambitions of clients and meet their desires, stressing that the Bank has been able to attract many new clients from all segments of society and all categories and levels to be the leading Bank in attracting clients, whether individuals or companies.

Al-Ghanem continued by saying: “We consider this awarding as a certificate of merit to gain the trust of prestigious international financial entities, and the result of our hard work to provide a range of distinguished banking solutions that our valued clients greatly welcomed, as they meet their banking aspirations and are in line with their needs, reflecting our constant commitment to them.”

Al-Ghanem explained that the awarding confirms our success in achieving our goal of providing a distinguished banking services based on studying clients’ aspirations and providing services that express the clients and are specifically designed to gain their satisfaction, and providing safe and innovative solutions to their banking needs, through a smooth and secure account opening process that takes only few minutes through our digital channels.

Al-Ghanem praised the success of Warba Bank’s strategy in growing clients who rely on digital channels, in addition to managing the Bank’s social media through a team of the best specialists in this field, promoting products, services, awareness activities and distinguished campaigns launched through the Bank’s social media, as well as using social media as a means of entertainment by providing useful and interesting interactive content for followers and linking the Bank to the community, through participation in social events and activities.

Al-Ghanem stated that this awarding is not the first and will not be the last for the Bank, as the Bank has won many awards from different prestigious international bodies, and these awards include many of the banking sectors, which confirm its many achievements and strong presence in the Islamic banking sector in Kuwait.

Network International is one of the largest global companies and a leader in the field of electronic payment solutions, and plays an important and major role in helping companies and economies to flourish for more than 30 years, as it has provided innovative solutions that work to increase revenues and profitability for clients and simplify trade and payments, until it became the largest provider of electronic payment services in the United Arab Emirates and the leading name in digital commerce in the Middle East and Africa region.

It offers a robust suite of payment products and services that are at the forefront of technology development. In 2023, the company processed more than $59 billion in payment volumes for more than 130,000 merchants and processed more than 1.6 billion transactions on more than 18 million payment cards for more than 250 financial institutions.

Its management team has an average of 20 years of industry experience in the financial services, payments and technology sectors, a proven track record of implementation in leading regional and international organizations and provides its services in more than 55 countries in the Middle East and Africa, including key markets in Saudi Arabia, Egypt, Jordan, Nigeria and South Africa.

Warba Bank is one of the banks that have achieved great successes in a short period of time, as it has occupied a leading position by providing innovative digital banking services in accordance with Islamic Sharia for individuals and companies, and is one of the local banks with the largest number of shareholders, and these are among the most prominent elements that make the Bank close to all members of society.