Tag Archives: NBK

NBK Capital, IHC announce closing of private placement of 35% of capital

Oversubscription exceeds 230%, number of investors soar past 1,000: Watani Investment Co KUWAIT CITY, June 11: Watani Investment Company (NBK Capital) and Integrated Holding Company (IHC), the largest crane operator in the Middle East focused on the oil, gas and energy sectors, announced the successful closing of the private placement …

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NBK leads the way in partnership with RippleNet

Deal to offer instant cross-border payments service KUWAIT CITY, May 29: The National Bank of Kuwait (NBK) continues to introduce innovative and the newest technology solutions to meet the needs of customers, having partnered with RippleNet to offer customers a fast, safe and convenient cross-border payments service, and making NBK …

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NBK named Best Bank in Kuwait 2018 – Bank recognized by Global Finance

KUWAIT CITY, May 26: National Bank of Kuwait (NBK) has been named the Best Bank in Kuwait 2018 by the international financial publication Global Finance. NBK was chosen the Best Bank in Kuwait based on input from industry analysts, corporate executives and banking consultants. Criteria for choosing the winners included …

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GCC banking in a very strong spot: Al Fulaij

Outlook reflects credit ratings and confirms the success of regulatory measures Salah Al-Fulaij, CEO- Kuwait at National Bank of Kuwait said in an interview with MEED Magazine that the impact of subdued credit growth and rising NPLs in recent years, mainly the lower oil price years, has been very-well dealt …

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NBK awarded ‘Best Private Banking Service Overall in Kuwait’ – Euromoney’s Annual Survey for industry experts worldwide

KUWAIT CITY, March 11: National Bank of Kuwait (NBK) has been awarded the “Best Private Banking Services Overall for 2018” in Kuwait in Euromoney’s Annual Survey surpassing global banks in wealth management and private banking services. NBK topped the list of nominees, outmatching local & international banks in the field …

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NBK holds AGM and EGM for 2017 – AGM approves 30% cash dividend and 5% bonus shares

KUWAIT CITY, March 10: NBK’s Chairman Nasser Al-Sayer affirmed that “NBK Group has achieved strong performance across all business segments during the year 2017. The Group witnessed a remarkable increase in profitability while continuing to maintain its leading position in the domestic market through providing a comprehensive range of financial …

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NBK reports KD 322.4mn net profit for FY2017 – Bank’s solid YoY growth achieved in a global challenging operating environment: Al-Sayer

KUWAIT CITY, Jan 22: National Bank of Kuwait (NBK) reported net profits of KD 322.4 million ($1,068.3 million) for the year 2017 compared with KD 295.2 million ($978.2 million) in 2016, growing 9.2% year-on-year. Total assets as of year-end 2017 reached KD 26.0 billion ($86.3 billion) up 7.4% compared to …

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KAMCO, Gulf Bank and NBK Capital advise KIPCO on KWD 100mn issue

Only KWD-denominated corporate bond in 2017 KUWAIT CITY, Jan 7: KAMCO Investment Company, Gulf Bank and NBK Capital acted as Joint Lead Managers for the Kuwait Projects Company (Holding) (KIPCO)’s KWD 100 million, senior unsecured dual-tranche bonds due December 2024. KAMCO, Gulf Bank and NBK Capital’s joint press release highlights …

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NBK named ‘Bank of the Year’ by The Banker

National Bank of Kuwait (NBK) has been named “The Bank of the Year in Kuwait 2017 by the leading and internationally renowned Financial Times magazine “The Banker”. The prestigious Banker award was presented to Fawzi Al Dajani, NBK London General Manager, on behalf of NBK, at a glittering awarding ceremony …

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NBK launches specialized employee training program in ‘Trade Finance’ – In cooperation with int’l educational institution

KUWAIT CITY, Nov 25: National Bank of Kuwait (NBK) launched its specialized employee training program in Trade Finance in cooperation with one of the leading international training institutions. The program aims at developing employees’ skills in trade finance and providing them with the required expertise in that domain. The program …

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