Tuesday , January 16 2018

Tag Archives: NBK

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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Kuwait equities extend losses in choppy trade – NBK drops 15 fils; Ooredoo gains

KUWAIT CITY, Nov 21 : Kuwait stocks headed south on Tuesday, extending its losses to third straight session. The main index dipped 25.75 pts in choppy trade to 6,231.97 points weighed by banking shares even as continuing regional tensions dampened the sentiment. The KSX 15 benchmark slid 13.45 pts to …

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NBK to award more than 100 participants during Walkathon – Event kicks off Saturday, December 9th

KUWAIT CITY, Nov 18: National Bank of Kuwait (NBK) will award more than 100 participants in the 23rd Annual Walkathon alongside the grand draw for two new Renault cars from Al Babtain Group. The Walkathon is scheduled to kick off on Saturday, Dec 9, 2017. Titled “We’re Stronger … With …

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NBK reports net profit of KD 238.4m for 9M of ’17 – Net operating income up 11.7%, reaffirming bank’s solidity across all markets: Al-Sayer

KUWAIT CITY, Oct 9: National Bank of Kuwait (NBK) reported net profits of KD 238.4 million ($788.9 million) for the first nine months of 2017 compared with KD 219.3 million ($725.7 million) for the same period in 2016. NBK’s profits during the first nine months of 2017 grew by 8.7% …

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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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