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.
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
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
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).
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.
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.
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.
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.
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.
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