Wednesday 1 April 2015
 
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National Bank of Kuwait

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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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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