2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (2024)

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  • March 9, 2023

Award winning bank, The Kingdom Bank continues to make a name for itself with its success. The Kingdom Bank’s latest achievement is Fastest Growing Digital Bank 2023, awarded by International Business Magazine (IBM). The Kingdom Bank is believed to continue its development in 2023, and the corporation continues to expand its presence in Europe.

International Business Magazine (UAE) is one of the leading magazines among the specialised magazines on financial and banking issues. Each year, it honours high-performing companies and banks. In order to be among the candidates worthy of the award, prestigious financial companies enter into a fierce competition by demonstrating their performance qualifications. In these awards held every year, companies that are deemed worthy of an award are entitled to receive awards and certificates by International Business Magazine. Winning this award is an important step especially for banks and it ensures that the brand in question takes a prestigious and influential position. It is among the awards that make a sound and have great importance in the finance sector.

2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (5)

Fin-Tech is a banking system that has been actively used for years and aims to carry out banking transactions of customers in a virtual environment. It leaves the traditional banking approach behind and allows customers to perform all their banking transactions in the digital environment. The Kingdom Bank is a bank that has continued to grow and develop in the fintech sector since its inception. For this reason, the features available in The Kingdom Bank system continue to increase day by day and facilitate the transactions of the customers.

The Kingdom Bank is an international digital banking institution. It offers both private and corporate banking services to its customers. The Kingdom Bank, which has started to compete among its competitors since its establishment and is an increasing brand, offers digital banking solutions to merchants and private account holders. It is a fintech brand that succeeds in making more technological and innovative investments to its customers day by day with International fintech banking solutions.

The reason The Kingdom Bank has so many international customers and success is that the brand always has innovative technologies and a user-friendly interface. Offering excellent customer service 24/7 to all of its customers, The Kingdom Bank provides service through accessible channels for all kinds of issues and suggestions with its expert customer support team. By adopting the ‘banking from anywhere’ approach, the bank internalises that everyone can practise all their banking transactions from digital applications and devices.

Fin-Tech Services of The Kingdom Bank

Standing out as a Crypto-Friendly bank, The Kingdom Bank provides digital asset management, which has been a growing phenomenon in digital banking in recent years. It is a Commonwealth Dominica based Fin-Tech investment firm. The Kingdom Bank provides the convenience of customers to manage their digital assets from a single panel. Single panel-full control management is one of the favourite features of the customers, and it provides the opportunity to manage all the assets of the investors, to perform their trading transactions and to trade in international stock markets.

2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (6)

The firm facilitates local and global payments by making it possible to transact in more than 50 currencies with competitive exchange rates and digital asset management. With secure and real-time payments, The Kingdom Bank makes it possible to exchange with account holders all over the world.

Being an award-winning bank, The Kingdom Bank has continued to offer a safe and secure digital banking experience not only to its local customers but also to its international customers since day one.

The Kingdom Bank is a bank frequently preferred by businesses. With the tailor-made secure system, it ensures the security of the accounts used in your business’ investments and transactions. It provides competitive and advantageous FX rates to corporate and correspondence banking services. It allows to receive payments from all over the world to a single business account and to make overseas payments from a single account. It can be dedicated that all The Kingdom Bank customers can track all transaction activities in their accounts and request reporting at regular intervals.

Continuing to rise among Fin-Tech banks since its inception, The Kingdom Bank has been deemed worthy of many awards in recent years. International Business Magazine, one of the leading institutions of the finance and banking sector, made its choice among the shining stars of the financial world. The Kingdom Bank was chosen by International Business Magazine (UAE) as Fastest Growing Bank in 2023. Growing its customer base day by day with its success and innovative technologies, The Kingdom Bank was honoured to be the new year’s Fastest Growing Bank award.

The Kingdom Bank’s Newest Feature: Scan & Pay

The Kingdom Bank’s latest released and implemented feature is Scan & Pay. Even though it has received full marks from its users with all its features until now, The Kingdom Bank brings an innovative perspective to payment systems with its brand new module Scan & Pay. With this newest feature Scan & Pay, customers will be able to make their payments by simply scanning a QR code. A rising feature among touch-free payment systems, it is one of the newest steps among fast payment systems.

2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (7)

The Kingdom Bank provides great convenience to merchants and private account holders with its reliable payment systems. Outperforming its competitors with its innovative perspective among e-money services, this company was awarded the Fastest Growing Bank of 2023 by International Business Magazine.

Where Can You Find The Kingdom Bank and What’s Next?

You can follow The Kingdom Bank and open an account, which is frequently on the agenda with its participation in many exhibitions and interest in customers, via social media and learn about the latest activities. You can find the leading brand of the Fin-Tech industry, The Kingdom Bank at fairs all over the world, meet its experienced team and get detailed information about the services provided by the experts.

2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (8)

The Kingdom Bank’s friendly team, which cares about customer relations, is ready to be with you in any matter you need and with any questions you may have.

  • cryptocurrency, Digital Assets, Digital Banking, FinTech, Kingdom bank

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  • 2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (12)
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  • 2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (15)

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2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank! (2024)

FAQs

2023 Winners Revealed: Fastest Growing Digital Bank award goes to The Kingdom Bank!? ›

The Kingdom Bank was chosen by International Business Magazine (UAE) as Fastest Growing Bank in 2023. Growing its customer base day by day with its success and innovative technologies, The Kingdom Bank was honoured to be the new year's Fastest Growing Bank award.

What is the fastest growing bank in 2023? ›

JPMorgan Chase & Co., the largest US bank by total assets, reported a 0.8% sequential increase, while Bank of America Corp. and Wells Fargo & Co. reported sequential asset growth of 1.0% and 1.8%, respectively. Citigroup Inc. reported a sequential decline of $55.20 billion in total assets, or 2.3%.

What is the fastest growing digital bank in the world? ›

SINGAPORE, Jan. 17, 2024 /PRNewswire/ -- Singapore-based global digital banking group Tyme has achieved an annualised revenue run rate of SG $215 million in 2023, as its flagship South African operation TymeBank becomes the world's fastest profitable standalone digital bank.

What is the best digital bank for 2023? ›

Data-Driven CX
Global Winners—The World's Best Digital Banks
World's Best Digital BankCiti
Best Trade Finance ServicesFirst Abu Dhabi Bank
Best Online Treasury ServicesCiti
Best Online User Experience (UX) PortalTBC Bank
44 more rows
Dec 6, 2023

What is the most successful digital bank? ›

Best Digital Banks
  • Nubank. Founded in 2013 with the mission of reinventing financial services, Nubank has become one of the world's largest banking platforms in the world – serving 90 million customers across Brazil, Mexico and Colombia. ...
  • Quontic. ...
  • Varo. ...
  • NBKC Bank. ...
  • Chime. ...
  • Revolut. ...
  • Discover Bank. ...
  • Starling Bank.

Who is the number 1 bank in America? ›

1. JPMorgan Chase. JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs.

What bank is the safest to put your money 2023? ›

Best Banks in America for 2023-2024
Bank desc asc Close Sort by column for easier option comparison.Category desc ascMinimum Opening Deposit desc asc
JP Morgan ChaseNational BankYes
KeyBankNational BankYes
Lake Michigan Credit UnionCredit UnionYes
Mountain America Credit UnionCredit UnionYes
33 more rows

What is the best digital bank in USA? ›

Best Online Banks (April 2024)
Online BankChecking APY*Savings APY*
Alliant Credit Union Compare Rates0.25%3.10%
FNBO Direct Learn More0.15%4.75%
Zynlo Bank Compare RatesUp to 2.00%5.00%
Quorum Federal Credit Union Learn MoreNot offered4.25%
6 more rows

Which bank is good for digital banking? ›

Forbes Advisor Ratings
Policy NameForbes Advisor India RatingMinimum Balance
IDFC FIRST Bank Future FIRST Savings Account4.5INR 25,000 and INR 10,000 each.
Selfe Digital Savings Account4.5Zero
Yes Bank Savings Account PRO3.5INR 10,000
Axis Bank Easy Access Digital Savings Account3.0INR 25,000
1 more row

What is the largest digital bank in the US? ›

Chime is the biggest digital bank in the U.S., with over 13.1 million digital banking users. And Revolut based in London has more than 19,130,000 million users, making it the biggest digital bank in the UK.

What is the #1 rated online bank? ›

Best Overall: Discover®️

We chose Discover as the best overall online bank because of the high interest rate paid on its savings accounts and certificates of deposit (they all earn at least 3.75% competitive APY, have low opening balances and a general lack of fees.

Can you deposit cash if you have an online bank? ›

If your online bank is part of an ATM network, you can deposit cash into your online account via a linked cash machine. You can also consider getting a reloadable prepaid debit card that you can deposit cash onto and link it to your online bank account.

What is the best free online bank? ›

Discover, Varo, Ally, Axos and SoFi are some of the many banks that have totally free checking accounts, meaning they don't charge a monthly fee or require a minimum balance.

Is digital bank safe? ›

If they're FDIC-insured, online banks are as safe as traditional brick-and-mortar banks in many ways. You can also take steps as a consumer to ensure your account is as protected as possible when banking online, whether you bank with a brick-and-mortar or an online bank, also called a direct or digital bank.

Is PayPal a digital bank? ›

PayPal is a financial technology company, not a bank. Banking services provided by Synchrony Bank, Member FDIC.

Is Digital banking good or bad? ›

The lack of overhead gives internet banks advantages over traditional banks, including fewer or lower fees and accounts with higher APYs. Internet banks lack personal relationships, no proprietary ATMs, and more limited services.

What bank has the highest growth rate? ›

Punjab National Bank emerged as the top performer in terms of percentage growth in profit as the net profit of the bank grew by 253% YoY in Q3 to ₹2,223 crore. This was the highest profit in the last 15 quarters, driven by higher interest income and improved asset quality.

What is the best bank in the world 2023? ›

50 Biggest Global Banks 2023
RankCompany NameTotal Assets (USD million)
1Industrial and Commercial Bank of China5,669,862
2China Construction Bank4,953,037
3Agricultural Bank of China4,880,466
47 more rows
Nov 9, 2023

Which bank stock to buy in 2023? ›

Bandhan Bank Ltd. - Bandhan Bank is a Kolkata-based best banking share to buy. It is a private-sector bank founded in 2014. This best bank stock 2023 offers customers a range of banking and financial products and services, including personal banking, corporate banking, and microfinance services.

What is the largest bank in the world 2023? ›

As of December 31, 2023, the largest bank in the world in terms of market capitalization was the U.S.-based JPMorgan Chase.

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