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Boubyan Bank's Overview

Total employees1918
HeadquartersKuwait City
Founded2004

Boubyan Bank is a prominent Islamic bank in Kuwait, established in 2004 with a vision to be the leading Sharia-compliant financial institution in the region. Known for its strong focus on customer service, digital innovation, and ethical banking practices, Boubyan offers a comprehensive suite of products and services including retail banking, corporate banking, private banking, and wealth management. The bank has consistently been recognized for its digital transformation efforts, aiming to provide seamless and convenient banking experiences to its customers. It operates under the supervision of the Central Bank of Kuwait and adheres strictly to Islamic Sharia principles in all its operations and transactions.

Where is Boubyan Bank's Headquarters?

HQ Function

Serves as the central administrative and operational hub, overseeing all strategic planning, corporate governance, financial management, and core banking operations for Boubyan Bank.

Notable Features:

A modern architectural design reflecting the bank's progressive and innovative identity. Equipped with state-of-the-art technology to support its digital-first banking strategy.

Work Culture:

Fosters a collaborative and dynamic work environment focused on innovation, customer centricity, and adherence to Islamic finance principles. Emphasis on employee development and embracing digital transformation.

HQ Significance:

The headquarters symbolizes Boubyan Bank's significant presence in the Kuwaiti financial sector and its commitment to serving the nation's economy and community. It's the core from which the bank drives its growth and innovation.

Values Reflected in HQ: The headquarters' design and functionality aim to reflect Boubyan Bank's core values of innovation, transparency, customer focus, and adherence to Sharia principles.

Location:

Boubyan Bank's primary operations are concentrated in Kuwait. It serves its customers' international banking needs through correspondent banking relationships and offers services like trade finance and international transfers. While its main focus is leadership in the Kuwaiti market, Boubyan Bank also operates Nomo Bank, a UK-based Sharia-compliant digital bank, extending its reach to international customers. This digital arm allows for global accessibility to certain Boubyan Group services.

Street Address:

Mubarak Al Kabeer Street, Qibla Area, Plot 3, Building 10

City:

Kuwait City

State/Province:

Al Asimah Governorate

Country:

Kuwait

Boubyan Bank's Global Presence

The Avenues Mall, Al-Rai, Kuwait

Address: The Avenues Mall, Phase III, Sheikh Zayed Bin Sultan Al Nahyan Rd, Al-Rai, Farwaniya Governorate, Kuwait

To serve the diverse banking needs of shoppers, local residents, and businesses in and around The Avenues, one of Kuwait's largest and most popular shopping and lifestyle destinations.

Buying Intent Signals for Boubyan Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Boubyan Bank

As of April 2025, Boubyan Bank' leadership includes:

Mr. Adel Abdul Wahab Al-Majed - Vice Chairman & Group Chief Executive Officer
Mr. Abdulla Al-Tuwaijri - Deputy Group Chief Executive Officer
Mr. Adel Al-Mutairi - Group Chief Financial Officer
Mr. Abdulla Al-Mehri - Chief Operating Officer
Mr. Khalid Al-Shammari - General Manager - Human Resources Group

Investors of Boubyan Bank

Boubyan Bank has been backed by several prominent investors over the years, including:

Kuwait Investment Authority (KIA) and its subsidiaries
The Public Institution for Social Security (PIFSS)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Boubyan Bank's senior executive team has maintained a high degree of stability over the past year, with no major C-suite appointments or departures widely publicized. This suggests continuity in strategic direction and leadership. Minor changes or internal promotions below the top C-suite level may have occurred as part of routine operations.

Technology (Tech Stack) used by Boubyan Bank

Discover the tools Boubyan Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Boubyan Bank Email Formats and Examples

Boubyan Bank typically uses a standard corporate email format for its employees. The most common pattern is likely a combination of the employee's first initial and last name, or first name and last name separated by a dot.

[firstinitial][lastname]@boubyanbank.com

Format

example@boubyanbank.com

Example

85%

Success rate

News and media

ZawyaApril 29, 2024

Boubyan Bank reports $69.6mln net profit for Q1 2024

Boubyan Bank announced a net profit of KWD 21.3 million (approximately $69.6 million) for the first quarter of 2024, with an earnings per share (EPS) of 4.79 fils. The bank highlighted growth in operating income, total assets, and customer deposits, reflecting its strong performance and expansion....more

TradeArabiaFebruary 26, 2024

Nomo Bank, Boubyan’s digital arm, partners with ADCB Egypt

Nomo Bank, the UK-based digital bank and part of Boubyan Bank Group, has partnered with Abu Dhabi Commercial Bank (ADCB) Egypt. This collaboration aims to offer Sharia-compliant digital banking services to ADCB Egypt customers, enabling them to easily open UK-based accounts and conduct international banking transactions through Nomo....more

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