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Saturday , November 17 2018

Tag Archives: NBK

NBK reports KD 272.4 mln 9M 2018 net profits

14.3 percent year-on-year growth KUWAIT CITY, Oct 10: National Bank of Kuwait (NBK) reported net profits of KD 272.4 million ($898.7 million) for the first nine months of 2018 compared with KD 238.4 million ($786.4 million) for the same period in 2017, growing 14.3% year-on-year. NBK’s 3Q 2018 net profits …

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NBK only Kuwaiti bank among World’s 50 Safest Banks in 2018

Bank ranked 45th worldwide in Global Finance’s list KUWAIT CITY, Oct 1: National Bank of Kuwait (NBK) maintained its listing in The World’s 50 Safest Banks in 2018 list by Global Finance for the 13th consecutive time; topping international financial heavyweights. NBK is the only Kuwaiti bank in Global Finance’s …

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NBK holds seminar on Boursa Kuwait upgrade

Move likely to pave way for greater foreign participation in market: Dr Husayn KUWAIT CITY, Sept 29: Dr Husayn Shahrur, Managing Director of the MENA Asset Management Division at NBK Capital, today presented on Kuwait’s upgrade and subsequent inclusion to FTSE Russell’s emerging market index. His presentation focused on three …

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NBK partners with Tap Payments for ‘seamless payment solutions’

Easy and efficient KUWAIT CITY, Sept 27: Continuously partnering with leading service providers to offer their customers value-added services and products that suit their needs, the National Bank of Kuwait most recently partnered with the Middle East-based online business enabler, Tap Payments, to provide merchants and small and medium enterprises …

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Zewail City and NBK ink EGP 6.25 mln cooperation protocol

Deal to fund 10 scholarships over a period of 5 years KUWAIT CITY, Aug 13: Zewail City of Science and Technology and NBK ink EGP 6.25 million cooperation protocol to fund 10 scholarships over a period of 5 years. Prof Sedki: A valuable partnership that highlights the importance of concerted …

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NBK reports net profit of KD 185.9 mln for H1 2018

Al-Sayer: NBK on track to record another year of record profit KUWAIT CITY, July 9: National Bank of Kuwait (NBK) reported net profits of KD 185.9 million ($613.8 million) for the period of H1 2018 compared with KD 164.7 million ($543.9 million) in H1 2017, growing 12.9% year-on-year. NBK’s Q2, …

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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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