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

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

References

  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.
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