LONDON, January 19, 2015 /PRNewswire/ --
London-based International Finance Magazine has conferred the 2014 awards for 'Most Innovative Islamic Bank' and 'Best Islamic Retail Bank' in Africa to Bank of Khartoum. The awards were presented on November 18 by the honourable Lord Sheikh, Baron Sheikh of Cornhill, House of Lords; Sheikh Bilal Khan, UK Catalyst at UKTI and Co-Chairman of Dome Advisory and Peter Meyer, CEO, Middle East Association at a gala dinner in the ballroom of the Jumeirah Carlton Tower in London.
(Logo: http://photos.prnewswire.com/prnh/20140115/663464 )
Established in 1913 by the Anglo-Egyptian regime, Bank of Khartoum (BOK) is Sudan's leading Islamic bank offering its customers a full range of innovative financial products and services. It is also the oldest bank in the nation. With its roots deeply integrated in the country, BOK has been a primary supporter and driver of the nation's economic and social development over the past century.
Kashif Naeem, EVP & Group Head, Retail, SME & Microfinance, Bank of Khartoum, said, "Extremely delighted and proud with the recognition. We are known to be the market leader in Sudan and we are honoured to be recognised with this award of 'Best Islamic Retail Bank Africa' from a reputed magazine like IFM." The award, he said, is "a reflection of our commitment and extra ordinary performance of retail banking in Sudan as we launched retail banking only in 2006 when Dubai Islamic Bank took over as a major shareholder."
"We are the largest bank in the country with over 2 billion dollar balance sheet and have the largest branch network, largest ATM network, largest customer base, largest deposit base etc. We just launched first-ever mobile money in Sudan and look forward to capture large unbanked population in Sudan which will also help the economy of the country by bringing the money in the banking channel," he added.
Watch IFM's interview with Kashif Naeem: http://youtu.be/tB08XoC5Asc
Read the full story: http://internationalfinancemagazine.com/article/IFM-celebrates-financial-excellence-at-annual-awards-ceremony-in-London.html
2014 award winners: http://www.internationalfinancemagazine.com/awards/winners
Gallery: http://www.internationalfinancemagazine.com/awards/albums
If you would like to nominate a company or an executive for the awards, visit http://internationalfinancemagazine.com/awards/nomination
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SOURCE International Finance Magazine
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