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National Bank of Kuwait

Financial institution in Kuwait

Financial institution in Kuwait

FieldValue
traded_asNBK
native_nameبنك الكويت الوطني
typePublic
foundersConsortium of Kuwaiti merchants
foundation
locationKuwait City, Kuwait
key_peopleHamad Mohammed Al Bahar (Chairman) Isam Al Sager (Group CEO) Shaikha Al Bahar (Deputy Group CEO) Salah Al Fulaij (CEO - Kuwait)
industryFinancial services
productsCredit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management
revenueKWD 906.32 million (2021)
operating_incomeKWD 547.37 million (2021)
net_incomeKWD 362.25 million (2021)
assetsKWD 33.25 billion (2021)
num_employees6,058 (2017)
homepage

The National Bank of Kuwait (NBK) is a Kuwaiti multinational bank headquartered in Kuwait City and established in 1952. It is the largest financial institution in Kuwait. It operates 138 branches across 13 countries, seven of which are in the Middle East. It also offers alternative investments through its NBK Capital subsidiary, which, since its establishment in 2005, has allocated over $91 billion worth of investment banking mandates as of November 2022.

Financial performance

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

References

References

  1. "National Bank of Kuwait (NBK) {{!}} Devex".
  2. "National Bank of Kuwait (NBK) - 50 Most Valuable Banks 2023 - Forbes Lists".
  3. "National Bank of Kuwait {{!}} Company Overview & News".
  4. Mansoor, Zainab. (2023-01-30). "National Bank of Kuwait reports $1.7bn in net profit for 2022".
Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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