National Bank of Kuwait - Company Profile
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National Bank of Kuwait (NBK) offers a range of corporate, Islamic, and retail banking, and investment solutions to individuals, corporate, and institutional clients. NBK provides deposits services and card products; and loans for consumer needs, auto, installments, international mortgages, business needs, and trade financing. The bank offers investment funds including market funds, equity funds, mutual funds, alternative funds, multi-asset funds, and real estate securities funds. It also provides private banking, treasury services, payroll services, foreign exchange, asset management, international banking, and real estate services. It operates through a network of branches and ATMs in the Middle East and North Africa, Europe, the Americas, and Asia. NBK is headquartered in Safat, Kuwait.
National Bank of Kuwait premium industry data and analytics
Products and Services
Products | Services |
---|---|
Personal Banking: | Loan Servicing |
Current | Safe Deposit Boxes |
Trust Accounts | Investment Banking |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Corporate Changes/Expansions | In February, the company launched the new NBK Wealth brand. |
2024 | New Products/Services | In February, Weyay Bank launched the Jeel Card for kids. |
2024 | Contracts/Agreements | In January, the bank entered into a partnership with X-cite by Alghanim Electronics to provide offers to NBK KWT Visa Infinite Credit Cardholders. |
Competitor Comparison
Key Parameters | National Bank of Kuwait | Kuwait Finance House | Al Ahli Bank of Kuwait | Burgan Bank SAK | Ithmaar Holding BSC |
---|---|---|---|---|---|
Headquarters | Kuwait | Kuwait | Kuwait | Kuwait | Bahrain |
City | Safaat | Safat | Safat | Kuwait City | Manama |
State/Province | Al Asimah | - | - | - | - |
No. of Employees | 7,511 | 2,537 | 2,374 | 3,700 | 248 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Hamad Mohamed Al-Bahar | Chairman | Executive Board | 2022 | - |
Isam Jasem A. Al-Sager | Chief Executive Officer; Vice Chairman | Executive Board | 2022 | - |
Ronghe Sujit Anil | Chief Financial Officer | Senior Management | 2022 | - |
Mohammed Al Kharafi | Head - Operations & Information Technology; Chief Operating Officer | Senior Management | - | - |
Parkson Cheong | Chief Risk Officer | Senior Management | 2008 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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