Wednesday 30 July 2014
 
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National Bank of Kuwait

NBK honours former chief executive

National Bank of Kuwait (NBK) recently honoured Ibrahim Dabdoub, NBK ex-Group chief executive officer, for his 53 years of excellence at NBK. The honouring ceremony was attended by Anas Al Saleh, Kuwait Minister of Finance, Dr Moh

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NBK profit edges up 3.2pc to $298m in Q1

National Bank of Kuwait (NBK), the largest Kuwaiti bank, reported net profits of $298 million in the first quarter (Q1) of 2014 compared with $289 million in the same period last year, marking a 3.2 per cent increase year-on-year.

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NBK opens new UAE head office in Dubai

National Bank of Kuwait (NBK) has opened its new head office in the United Arab Emirates in Dubai under the patronage of the Central Bank of the UAE. The ribbon cutting ceremony was attended by the chairman of the UAE Banking Fede

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NBK Bahrain net profit up 24pc

National Bank of Kuwait (NBK) said its Bahraini unit has reported a 24 per cent year-on-year (y-o-y) growth in its net profit which soared to $114 million in 2013 from $92 million the previous year. NBK Bahrain’s total asset

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NBK group CEO to step down

National Bank of kuwait, the country's leading lender, said on Wednesday that its group chief executive officer Ibrahim Dabdoub will step down from his role following the next General Assembly Meeting. Dabdoub will however, co

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NBK named top forex provider in Mideast

National Bank of Kuwait has been named the best foreign exchange provider in the Middle East by Global Finance (GF) magazine. GF has listed the World’s Best Foreign Exchange banks and providers by country, region and categor

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NBK among 50 safest banks for 8th time

National Bank of Kuwait (NBK), for the eighth consecutive time, has been listed among the 50 safest banks in the world. NBK ranked 37 on the list, illustrating the success of the bank’s conservative strategy, prudent risk ma

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NBK reports H1 net profit of $450 million

National Bank of Kuwait (NBK), the largest Kuwaiti bank, has reported net profits of $450.3 million for the first half of 2013 compared with $423.2 million for the same period in 2012, up 6.4 per cent year-on-year (YoY). As of end

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NBK gets Fitch ratings boost

Fitch Ratings has affirmed National Bank of Kuwait's (NBK) long-term Issuer Default Rating (IDR) at ‘AA-’ with a stable outlook. The ratings reflect NBK's dominant domestic franchise and significant internation

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Viva Kuwait signs $270m loan with NBK

Viva Kuwait, an affiliate of Saudi Telecom Co (STC), has signed a $270 million, five-year loan with National Bank of Kuwait (NBK) to finance the operator's network expansion, it said in a statement on Tuesday. This borrowing i

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