National Bank of Kuwait

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. 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

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

References

  1. National Bank of Kuwait (NBK) 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 Forbes, retrieved 2024-01-29^
  4. Zainab Mansoor. National Bank of Kuwait reports $1.7bn in net profit for 2022 2023-01-30, retrieved 2023-01-31^