Wednesday 27 July 2016
 
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National Bank of Kuwait

GCC debt market seen staying steady

GCC debt markets saw little volatility in yields in the second quarter of 2016 (2Q16), even as issuance picked up on the back of healthy sovereign activity supported by stable oil prices and limited global volatility, a report said.

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NBK net profit surges 7.2pc in Q2

National Bank of Kuwait (NBK) , the Gulf Arab state's largest commercial lender, fell short of analysts' forecasts despite reporting a 7.2 per cent rise in second-quarter net profit on Sunday. The bank made a net profit of

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NBK 2015 net profit soars to $929m

National Bank of Kuwait (NBK) has reported a net profit of KD282.2 million ($929.7 million) for 2015, up 7.8 per cent over KD261.8 million ($862.6 million) the year before. As at year-end 2015, NBK’s group total assets reach

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NBK-Egypt 9-month profit up 63pc

National Bank of Kuwait-Egypt (NBK-E), reported net profits of EGP445.6 million ($56.7 million) for the first nine months of 2015 compared with EGP273.5 million for the same period last year, an increase of 62.9 per cent year-on-year (y-o-y).

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National Bank of Kuwait gets top ME ratings

Moody’s Investors Service has affirmed National Bank of Kuwait’s (NBK) long-term global local currency (GLC) deposit rating at Aa3, the highest in the Middle East and North Africa, with a stable outlook. NBK’s ra

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NBK Q1 net profit up on Qatar stake sale

National Bank of Kuwait (NBK), the country's largest commercial lender, reported a 15 per cent rise in first-quarter net profit, according to a bourse filing on Tuesday, boosted by income from the sale of its stake in a Qatari bank.

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NBK Q4 net profit rises 46pc to $197m

National Bank of Kuwait, the country’s largest commercial lender, reported a net profit of KD57.9 million ($197.2 million) in the fourth quarter of 2014, compared to KD39.6 million a year ago, marking an increase of 46.4 per cent.

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NBK Q3 profit down 16pc despite revenue rise

National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 15.6 per cent drop in third-quarter net profit on Wednesday, missing analysts' expectations despite an increase in revenue. It gave

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NBK tops safe Arab banks list

National Bank of Kuwait (NBK) has been selected the "Safest Commercial Bank in the Arab World" and ranked 23rd among the "World's Top 50 Safest Commercial Banks in 2014", by Global Finance magazine. NBK als

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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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