National_Bank_of_Kuwait

National Bank of Kuwait

National Bank of Kuwait

Financial institution in Kuwait

Not to be confused with Central Bank of Kuwait.

The National Bank of Kuwait (NBK) is a bank in Kuwait established in 1952.[1] It is the largest financial institution in Kuwait. It has branches and subsidiaries in China, Geneva, London, Paris, New York and Singapore and a regional presence across the Middle East in Lebanon, Jordan, Egypt, Bahrain, Saudi Arabia, Iraq, Turkey, and the United Arab Emirates (UAE).[2]

Quick Facts Native name, Company type ...

NBK operates in over 138 branches spanning across 13 countries, of which seven are in the Middle East. It also offers alternative investments through its NBK Capital subsidiary, which since its establishment in 2005 had allocated over $91 billion worth of investment banking mandates as of November 2022.[3]

Financial performance

For the year 2022, the National Bank of Kuwait has posted a net profit of USD 1.7 billion.[4]

References

  1. [1]
    "National Bank of Kuwait (NBK) | Devex". www.devex.com. Retrieved 2024-01-29.
  2. [2]
    Mughal, Waqar. "National Bank of Kuwait (NBK) - 50 Most Valuable Banks 2023". Forbes Lists. Retrieved 2024-01-29.
  3. [3]
    "National Bank of Kuwait | Company Overview & News". Forbes. Retrieved 2024-01-29.
  4. [4]
    Mansoor, Zainab (2023-01-30). "National Bank of Kuwait reports $1.7bn in net profit for 2022". Retrieved 2023-01-31.
Share this article:

This article uses material from the Wikipedia article National_Bank_of_Kuwait, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.