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
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
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
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
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
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
National Bank of Kuwait , the Gulf state's largest lender, reported a net profit of KD81.3 million ($285.5 million) for the first quarter of the year, compared to KD81.0 million in the same period a year ago.
Analysts in a Reuters s
The real estate sales in Kuwait fell 14 per cent to KD218 million ($762 million) compared to last year mainly due to a drop in residential sales, with decreased sales in the investment segment also contributing to a lesser extent, according to a
Kuwaiti real estate sales registered a solid 16 per cent growth in 2012 to hit KD3.1 billion ($10.9 billion) compared to KD2.7 billion the previous year, indicating a generally healthy year, said a report.
The property sales more