National Bank of Kuwait

Financial institution in Kuwait

Not to be confused with Central Bank of Kuwait.

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National Bank of Kuwait

Native name

| بنك الكويت الوطني

|

Company type| Public

Traded as

| NBK
Industry| Financial services
Founded| 1952; 73 years ago (1952)
Founders| Consortium of Kuwaiti merchants
Headquarters| Kuwait City, Kuwait

Key people

| Hamad Mohammed Al Bahar (Chairman) Isam Al Sager (Group CEO) Shaikha Al Bahar (Deputy Group CEO) Salah Al Fulaij (CEO \- Kuwait)
Products| Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management
Revenue|  KWD 906.32 million (2021)

Operating income

|  KWD 547.37 million (2021)

Net income

|  KWD 362.25 million (2021)
Total assets|  KWD 33.25 billion (2021)

Number of employees

|  6,058 (2017)
Website| www.nbk.com

The National Bank of Kuwait (NBK) is a Kuwaiti multinational bank headquartered in Kuwait City and established in 1952.[1] It is the largest financial institution in Kuwait.[citation needed] It operates 138 branches across 13 countries, seven of which are in the Middle East.[2] 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.[3]

## Financial performance

[edit]

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

## References

[edit]

1. ^ "National Bank of Kuwait (NBK) | Devex". www.devex.com. Retrieved 2024-01-29.
2. ^ "National Bank of Kuwait (NBK) - 50 Most Valuable Banks 2023 - Forbes Lists". Forbes. Retrieved 2024-12-04.
3. ^ "National Bank of Kuwait | Company Overview & News". Forbes. Retrieved 2024-01-29.
4. ^ Mansoor, Zainab (2023-01-30). "National Bank of Kuwait reports $1.7bn in net profit for 2022". Retrieved 2023-01-31.

## External links

[edit]

* Official website
* Company Overview Report On Bloomberg

Authority control databases

International|

* VIAF

National|

* United States