National Bank of Kuwait (NBK)
Main Category: Commercial BankFirst Address : PO Box 95
Second Address : Abdullah Al Ahmad Street
City : Safat
Country : Kuwait
Website: www.nbk.com
ALL STORIES LIST
Tuesday, 28 September 2010
On the month, consumer prices in the OPEC member picked up 0.6 percent.
read more »Sunday, 19 September 2010
Stake in National Bank of Kuwait could exceed 10 percent, Al Qabas daily says.
read more »Thursday, 16 September 2010
UPDATE 3: Dana Gas hits an eight-month high on Thursday as traders buy low-value stocks on ADI.
read more »Tuesday, 7 September 2010
The subscription period for the issue will end on October 21 - National Bank of Kuwait.
read more »Monday, 30 August 2010
Property firm Emaar Alahlia stresses importance of gov't's five-year dev plan.
read more »Sunday, 29 August 2010
Here, in no particular order, is a round up of the bank CEOs we hear most in the Arabian Business offices, usually for the right reasons.
read more »Thursday, 26 August 2010
Report by the National Bank of Kuwait shows only 415 transactions registered for the month.
read more »Tuesday, 24 August 2010
The Gulf emirate has projected a deficit of around $22.2bn for the 2010-11 fiscal year.
read more »Monday, 23 August 2010
Company will use the financing to repay a $134m sukuk and other obligations.
read more »Thursday, 19 August 2010
At least 2 shareholders of Kuwait's biggest lender have got offers to sell a 10% stake.
read more »Thursday, 12 August 2010
Fifth largest economy in the region expected to enjoy a rebound in GDP of around 18%.
read more »Tuesday, 27 July 2010
Report says total value of transactions slumps by 30% compared to previous month.
read more »Tuesday, 13 July 2010
Net income in the first half of the year was KD145.2m ($500.7m), NBK said in a statement.
read more »Tuesday, 1 June 2010
NBK Capital buys a 30 percent stake in Turkey's World Eye Hospital Group.
read more »Sunday, 25 April 2010
Official data reveals massive surge in real estate transactions compared to same period in 2009.
read more »Friday, 23 April 2010
National Bank of Kuwait has had a good recession due to its reluctance to diverge from the basics, its chief economist says.
read more »Saturday, 17 April 2010
Company continued to benefit from its expansions in the Middle East.
read more »Monday, 12 April 2010
Bourse data shows the country's largest lender has raised its stake in the Islamic bank.
read more »Sunday, 28 March 2010
Kuwaiti lender gets appproval from the central bank to increase stake to 60%.
read more »Thursday, 4 March 2010
National Bank of Kuwait has obtained initial nod of Syrian, Kuwaiti monetary bodies.
read more »Wednesday, 10 February 2010
Bank planned to raise capital by 50%, at 250 fils per share, to $609.9m.
read more »Monday, 1 February 2010
National Bank of Kuwait saw net income rise to $925m in 2009; Q4 profit surged more than fivefold to $221m.
read more »Tuesday, 26 January 2010
UAE to deal with domestic issues before reconsidering joining single currency plan.
read more »Wednesday, 20 January 2010
Chemical firm to have good 2010, if global economy remains stable and continues growth.
read more »Monday, 18 January 2010
Saudi banks extend gains as investors bet underperforming sector will improve in 2010.
read more »Monday, 18 January 2010
UPDATE 1: Kuwait's biggest lender to raise capital through rights issue by year end.
read more »Monday, 4 January 2010
Official data shows impressive growth to Nov, rising to $672m, including 36% rise in residential deals.
read more »Sunday, 15 November 2009
Around 3.4m living in Gulf state, private sector takes brunt of fall in worker numbers.
read more »Tuesday, 20 October 2009
Net income came in at KD75.5m, compared to KD68.59m in same period last year.
read more »Wednesday, 14 October 2009
Kuwaiti bank says economic growth is likely to be hampered by high debt levels.
read more »Sunday, 4 October 2009
Successive money supply increases indicate upturn in Gulf state - report.
read more »Thursday, 1 October 2009
Real estate sales see first rise of this year, official data shows gradual recovery happening.
read more »Saturday, 26 September 2009
Third version of Sharia compliant fund, on offer to investors through October 11, set to run for 5 years.
read more »Tuesday, 15 September 2009
Kuwait's biggest lender increases its stake, has hopes for Boubyan to become its Islamic banking arm.
read more »Sunday, 6 September 2009
New initiative's chief appeals to local companies to help redeploy sacked staff.
read more »Saturday, 5 September 2009
Lender’s latest fund follows successful launch of predecessor in June which was fully subscribed in 3 days.
read more »Wednesday, 26 August 2009
Rating action reflects weakening credit conditions in Kuwait - rating agency.
read more »Tuesday, 25 August 2009
New NBK report says 88% rise in spending driven by extraordinary transfers, high fuel costs.
read more »Sunday, 9 August 2009
UAE's weak monetary growth may indicate spending is failing to boost economy - NBK.
read more »Saturday, 25 July 2009
Profits come against backdrop of implementation of financial stability law.
read more »Wednesday, 22 July 2009
NBK buys 154 million shares for $295m, taking its holding to 27.5%.
read more »Monday, 20 July 2009
Gulf's 2nd largest Islamic lender does not reveal level or purpose of provisions.
read more »Tuesday, 14 July 2009
NBK boss Ibrahim Dabdoub sees fall in funds, but expects good year results.
read more »Saturday, 11 July 2009
CEO says bank looking at King Abdullah Financial Center in Riyadh among others.
read more »Sunday, 5 July 2009
National Bank of Kuwait report says 314 deals done in May, down 17% on previous month.
read more »Thursday, 25 June 2009
National Bank of Kuwait report predicts GCC oil exports to fall by 40 percent this year.
read more »Wednesday, 24 June 2009
UK bank to oversee Saudi steelmaker’s bank loans, according to sources.
read more »Monday, 22 June 2009
UPDATE 1: Sovereign wealth fund looking to offload 20% stake via public auction in July.
read more »Thursday, 18 June 2009
National Bank of Kuwait becomes third-largest shareholder in the Islamic lender.
read more »Wednesday, 17 June 2009
EXCLUSIVE: NBK chief exec says bank is 'going back to basics' amid global economic crisis.
read more »Tuesday, 16 June 2009
National Bank of Kuwait sees Gulf state stay in surplus but at much reduced level.
read more »Monday, 15 June 2009
Dar has filed a lawsuit against Commercial Bank of Kuwait over Islamic lender stake.
read more »Sunday, 14 June 2009
NBK to buy Commercial Bank of Kuwait's stake in Boubyan Bank as part of strategic drive.
read more »Saturday, 6 June 2009
Commercial property leads the way, according to National Bank of Kuwait report issued Saturday.
read more »Tuesday, 5 May 2009
National Bank of Kuwait's research shows impact of economic crisis on country.
read more »Tuesday, 21 April 2009
Kuwait's biggest bank by assets posts net profit of $216.9m amid global downturn.
read more »Sunday, 12 April 2009
Q1 profits expected to decline year on year, but improve from losses in prior quarter.
read more »Sunday, 5 April 2009
GCC youngsters likely to opt for public sector jobs where pay will be maintained, NBK.
read more »Monday, 2 March 2009
Market posts biggest one-day gain since December as stalled economic reforms may now speed up.
read more »Sunday, 1 March 2009
National Bank of Kuwait chief does not see need for provisions in 2009, for the time being.
read more »Friday, 27 February 2009
Kuwait's government is under pressure to reinforce the nation's financial sector and stabilise its political system.
read more »Sunday, 22 February 2009
Bank chief says Kuwait's sovereign wealth fund should help economy by investing in local banks.
read more »Wednesday, 18 February 2009
New NBK report says economic downturn will limit job creation in public sector.
read more »Friday, 6 February 2009
CEO of NBK Group predicts economy can ride out global crisis by year-end if gov't acts.
read more »Thursday, 29 January 2009
Head of Kuwait's largest bank by assets feels rate cuts and liquidity pumping is not enough.
read more »Wednesday, 28 January 2009
Decline in GDP will be led by oil sector, but non-oil sector may slow 2%.
read more »Tuesday, 27 January 2009
UPDATE 1: Gulf nation's biggest bank provides to offset impact of global financial crisis.
read more »Sunday, 25 January 2009
Kuwait has confirmed a preliminary budget surplus of 9.82 billion dinars despite falling crude oil prices.
read more »Thursday, 22 January 2009
Analysts say price could languish at low levels if members don't cut output as agreed.
read more »Thursday, 22 January 2009
UPDATE 4: Shares of Industries Qatar and Qatar National Bank lead rally in Doha.
read more »Tuesday, 20 January 2009
UPDATE 6: Most Arab bourses end in red after bellwether company posts dismal profit.
read more »Monday, 19 January 2009
UPDATE 8: Investors fear poor Q4 results and lack of immediate government action.
read more »Thursday, 15 January 2009
Fiscal stimulus package needed for infrastructure projects - NBK report.
read more »Sunday, 11 January 2009
National Bank of Kuwait brief says rate will stabilise in Q1 of 2009 after 2008 highs.
read more »Saturday, 27 December 2008
Benjamin Franklin supposedly once said that there never was a good war or a bad peace. He'd obviously never been to Kuwait.
read more »Saturday, 27 December 2008
BMI forecasts Kuwait's construction industry to grow at 4.22% during 2008-12.
read more »Tuesday, 23 December 2008
Kuwait's largest bank by assets secures central bank approval to buy up to 40% in Islamic lender.
read more »Tuesday, 16 December 2008
Chief exec of National Bank of Kuwait says it will not hit 2008 profit forecast of $1.17bn.
read more »Friday, 5 December 2008
Concerns over real estate exposure leads investors service to put banks on review.
read more »Thursday, 4 December 2008
Report reveals Gulf state's economy posted $35bn surplus for first seven months of fiscal year.
read more »Sunday, 23 November 2008
National Bank of Kuwait, the country's largest lender, wins central bank approval to buy back 10% of stock.
read more »Sunday, 26 October 2008
Dabdoub says Kuwait's biggest lender expected to meet its 2008 profit target, flight to quality.
read more »Monday, 13 October 2008
Quarterly profit down 9.9% to $257mn, hit by losses on Kuwaiti and Qatari markets.
read more »Wednesday, 27 August 2008
Sales in first seven months still 25% down on year earlier period, says bank report.
read more »Wednesday, 27 August 2008
Arab state's National Bank says new strategy to fight rising costs will have impact.
read more »Sunday, 24 August 2008
National Bank of Kuwait opens first branch in city as part of regional expansion plan, says chief executive.
read more »Thursday, 21 August 2008
Spurred by oil and a buoyant banking sector, Kuwait's economy is expanding at a terrific pace.
read more »Tuesday, 12 August 2008
Previous year's figures helped by one off-gains; aiming for average 15% growth to 2012.
read more »Wednesday, 9 July 2008
Q2 earnings top forecasts economies benefit from high oil prices and low rates.
read more »Sunday, 6 July 2008
Q2 earnings surge as economy booms and as banks shrug off consumer lending rules.
read more »Monday, 23 June 2008
Phishing attack attempts to steal account details of National Bank of Kuwait online banking customers
read more »Sunday, 8 June 2008
Net income of country's biggest lender boosted by Middle East expansion, CEO says.
read more »Thursday, 5 June 2008
Syrian president Bashar Al-Assad intends to enter joint venture with $213bn Kuwait Investment Authority.
read more »Saturday, 12 April 2008
Kuwaiti lender sees earnings jump 28% in Q1, helped out by income from its foreign operations.
read more »Wednesday, 2 April 2008
Oil-rich state posts record revenues of $72bn, up 130% on budget projection, NBK estimates.
read more »Wednesday, 2 April 2008
Kuwait bank wins bid as part of 'expansion strategy in the region' says chief exec.
read more »Thursday, 27 March 2008
Investment arm of National Bank of Kuwait plans expansions in Egypt, Saudi and Qatar.
read more »Wednesday, 12 March 2008
Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.
read more »Thursday, 24 January 2008
WEF: National Bank of Kuwait forecasts annual profit to rise by up to 15% this year, chief exec says.
read more »Monday, 7 January 2008
The region's fund managers are making more use of independent custodians and administrators, and demanding increasingly sophisticated services, ABF discovers.
read more »Sunday, 30 December 2007
Central bank will likely reduce key discount rate soon despite record inflation, National Bank of Kuwait says.
read more »Saturday, 29 December 2007
Kuwait's largest lender receives subscriptions worth more than $3.7bn.
read more »Sunday, 9 December 2007
National Bank of Kuwait opens share sale to existing investors to help pay for acquisitions.
read more »Sunday, 25 November 2007
Saudi-based group acquires 100% of shares in Turkey's Yudum for $53mn.
read more »Wednesday, 21 November 2007
National Bank of Kuwait offers to buy out any minority investors in AlWatany Bank of Egypt.
read more »Wednesday, 10 October 2007
National Bank of Kuwait posts second-largest profit ever in Q3 as Kuwait's economy booms.
read more »Monday, 8 October 2007
Kuwait's biggest lender expected to report robust growth in Q3, net income up 15.6%.
read more »Friday, 5 October 2007
Kuwait to clamp down on price gougers after lawmakers called on gov't to take action against inflation.
read more »Tuesday, 2 October 2007
Kuwaiti lawmakers call on gov't to curb rising prices as food and housing costs fuel inflation.
read more »Thursday, 27 September 2007
Kuwait's largest bank wants to expand in KSA as home competition intensifies with foreign banks entering market.
read more »Sunday, 23 September 2007
The Kuwaiti government is to form committee to investigate a jump in prices of real estate and land plots.
read more »Sunday, 23 September 2007
Kuwait's group acquires most of treasury stock sold last week by National Bank of Kuwait.
read more »Thursday, 13 September 2007
The National Bank of Kuwait has upgraded its network, deployed a datacentre as well as disaster recovery solutions and is working on a fibre backbone as it sets its sights on becoming an international player.
read more »Tuesday, 11 September 2007
Hurricane sweeps through offshore financial centre.
read more »Sunday, 9 September 2007
National Bank of Kuwait (NBK) has won control of Egypt's Al-Watany Bank and may increase its stake to 100%.
read more »Tuesday, 4 September 2007
The first Kuwaiti sukuk programme has been introduced.
read more »Sunday, 26 August 2007
National Bank of Kuwait will sell stock to existing investors to pay for acquisitions in Turkey and Egypt.
read more »Saturday, 18 August 2007
National Bank of Kuwait plans 49% stake in new lender reflecting growing Gulf Arab interest in country.
read more »Saturday, 18 August 2007
The National Bank of Kuwait (NBK) has paid the highest acquisition price in its history in order to takeover Al Watany Bank of Egypt beating off rivals Commercial Bank of Kuwait.
read more »Monday, 13 August 2007
UPDATE 12.30pm: National Bank of Kuwait says it wants to raise stake in Egyptian lender up to 100%.
read more »Tuesday, 31 July 2007
National Bank of Kuwait agrees to purchase a 40% stake in Turkish Bank for $160mn.
read more »Monday, 30 July 2007
Real estate sector continues to boom due to burgeoning housing market, but low-income housing still in demand.
read more »Saturday, 21 July 2007
The region's banking sector is facing up to the biggest shake-up it has ever witnessed during its tender 50-year history.
read more »Saturday, 30 June 2007
Will the banking industry be the next sector to feel the wind of change sweeping through the Gulf?
read more »Wednesday, 27 June 2007
Real estate booms compared with 2006 as sales hit $800m last month.
read more »Monday, 28 May 2007
The two GCC banks are part of five lenders vying for a share of Egypt's Alwatany.
read more »Sunday, 27 May 2007
National bank says April saw fastest ever growth in property sales.
read more »Wednesday, 23 May 2007
NBK says outlook bright, but ability of banks to absorb real estate shock has not yet been tested.
read more »Saturday, 19 May 2007
Kuwait's national bank has been given approval for six more branches in the Kingdom.
read more »Friday, 11 May 2007
National Bank of Kuwait has confirmed it hopes to buy a 30% stake in an unnamed Turkish bank.
read more »Saturday, 14 April 2007
Arabian Business has published its '50 Most Admired' list of regional companies.
read more »Monday, 9 April 2007
The National Bank of Kuwait has reported a hike in 2007 Q1 net profits.
read more »Sunday, 25 March 2007
National Bank of Kuwait seeks to enter the KSA market via a stake in Saudi Hollandi Bank.
read more »Tuesday, 6 March 2007
National Bank of Kuwait subsidiary selects industry veteran for position.
read more »Wednesday, 21 February 2007
The National Bank of Kuwait could be about to aquire the Egyptian Gulf Bank.
read more »Tuesday, 31 October 2006
US $657 million earned in first nine months of 2006
read more »Saturday, 30 September 2006
Kuwaiti bank grows investment banking footprint
read more »Monday, 9 October 2000
A group of influential Middle Eastern banks has teamed up with KPMG Consulting to work on developing a B2B e-marketplace offering integrated financial services.
read more »