NBK opens new branch at KOC Head Office – New outlet to provide company employees with full services

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KOC and NBK officials during the bank’s opening ceremony of the branch at KOC Head Office.
KOC and NBK officials during the bank’s opening ceremony of the branch at KOC Head Office.

KUWAIT CITY, Dec 6: National Bank of Kuwait (NBK) opened a new branch at Kuwait Oil Company (KOC) Head Office on Sunday to provide its employees with full services. The opening of the new branch comes in tandem with NBK’s long term relationship with KOC and all national oil companies.

The opening was attended by Hashem Sayed Hashem, KOC Chief Executive Officer, Salah Al Fulaij, NBK-Kuwait Chief Executive Officer, Saad Al-Azmi, Deputy CEO for Administrative and Financial Affairs at KOC, Pradeep Handa, NBK General Manager, Foreign Corporate, Oil and Trade Finance Group,  Mohammed Al Othman, NBK Deputy General Manager, Consumer Banking Group,  Suweileh Al Mutairi, Manager for Financial Accounts and Services group at KOC, Khaled Al Ajmi, Team leader Financial Payments, Financial Accounts and Services Group at KOC and other officials representing NBK and KOC were also present at the opening ceremony.

Commenting on the occasion, Al Fulaij said: “We are happy to be present at KOC to support its employees with all the banking solutions they need.”

“NBK is the banking partner for all of Kuwait’s oil companies. NBK’s relationship with KOC and the national oil companies extends for decades,” he added.

NBK will be the only bank at the KOC Head Office and will provide KOC employees with full and exclusive banking services and products tailor-made to meet their needs and requirements.”

In his turn, Hashim said: “The opening of NBK branch will eventually further expands the mutually beneficial and fruitful relationship existing between NBK and KOC as well as other national oil companies.”

NBK continues to enjoy collectively the highest ratings among all banks in the Middle East from the three international rating agencies Moody’s, Fitch Ratings and Standard and Poor’s. The bank’s ratings are supported by its high capitalization, prudent lending policies, and its disciplined approach to risk management, in addition to its highly recognized and very stable management team. NBK was also named among Global Finance’s list of the 50 safest banks in the world for the tenth consecutive time.

NBK enjoys the widest banking presence with a local and international network reaching 4 continents. NBK’s international presence spans many of the world’s leading financial centers including New York, Europe, GCC, Middle East, Singapore as well as China (Shanghai).

This news has been read 8751 times!

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