Monday , October 23 2017

Tag Archives: NBK

Kuwait market extends gains in ‘volatile’ trade – Humansoft Holding soars 156 fils; NBK slips

KUWAIT CITY, Sept 13: Kuwait stocks pulled higher on Wednesday as it extended the gains to second consecutive session. The main index climbed 18.94 pts in volatile trade to 6,924.92 points paced by speculative buying in select counters . The banks mostly sagged whereas other blue chips closed mixed. The …

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NBK posts KD 164.7m net profit for H1 2017 – Bank’s total assets grow by 5.8 pct to KD 25.5bln

KUWAIT CITY, July 11: National Bank of Kuwait (NBK) reported net profits of KD 164.7 million ($543.5 million) for the period of 1H 2017 compared to KD 150.6 million ($497.1 million) for the same period in 2016. NBK’s profits during the 1H 2017 grew by 9.3 percent compared to the …

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NBK Capital advises NBK Group on $3bn GMTN Programme – Watani Investment Co acts as Global Coordinator and Joint Arranger for the issue; deal 2.9 times oversubscribed

KUWAIT CITY, June 4: Watani Investment Co K.S.C.C. (“NBK Capital”) acted as Global Coordinator and Joint Arranger in the establishment of a Global Medium Term Note (“GMTN”) Programme up to the amount of $ 3.0 billion by NBK SPC Ltd. (the “Programme”) and its debut issuance of $ 750 million …

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NBK reports KD 85.4 mln net profit for Q1

Bank continues to deliver solid performance reflecting its strong financial position: Al-Sayer KUWAIT CITY, April 16: National Bank of Kuwait (NBK) reported net profits of KD 85.4 million ($280.1 million) for the first quarter of 2017 compared with KD 78.9 million ($259.0 million) for the same period in 2016. Net …

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NBK Capital to launch its latest investment vehicle

KUWAIT CITY, April 5: NBK Capital has announced that it will launch its MENA Real Estate investment vehicle that is currently in the final stages of registration with the Central Bank of Bahrain. The MENA Real Estate investments platform will augment the highly successful MENA Private Equity and Private Credit …

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NBK is first GCC bank to open branch in China

Kuwait’s bank carries on international expansion policy, aiming to strengthen its position: Al Sager Bank of Kuwait opened its new branch in People’s Republic of China, holding a ceremony at Shangri-La Hotel in Shanghai attended by the Kuwaiti Ambassador Samih Jawhar Hayat and the bank’s top executives, led by Isam …

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NBK OKs 30% cash dividends, 5% bonus shares

KUWAIT CITY, March 11: Nasser Musaed Al-Sayer, Chairman of the National Bank of Kuwait said:” NBK has maintained its leadership position in the banking sector in 2016 through its strong performance and exceptional results, as the bank constituted 40 percent of the banking sector’s aggregate profits, positioning it to be …

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NBK Capital global coordinator, joint arranger in EQUATE issue – Issuance receives strong support from local market with interest from govt and financial institutions

KUWAIT CITY, Feb 21: Watani Investment Co K.S.C.C. (“NBK Capital”) acted as Global Coordinator and Joint Arranger in the establishment of Equate Sukuk SPC Limited’s (“EQUATE SPC”) US$ 2.0 billion Trust Certificate (“Sukuk”) Issuance Programme and its debut US$500 million 7-year Sukuk offering, maturing in February 2024. EQUATE SPC is …

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Kuwait index extends rally in volatile trade – NBK gains 10 fils; Jazeera Airways dips

KUWAIT CITY, Feb 15: Kuwait stocks headed north on Wednesday extending the winning spree to fourth consecutive day. The price index climbed 63.44 pts in volatile trade to 6,814.81 pts led strong buying in banks. Some of the mid and small caps too shone even investors eyed next batch of …

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