Photo shows NBK head office
NBK celebrates 60 years of achievements National Bank of Kuwait (NBK) is celebrating this year its 60th anniversary. Established in 1952 as the first indigenous bank and the first shareholding company in Kuwait and the Gulf with a capital of one million Kuwaiti Dinars, NBK today continues crossing threshold of one billion dollar profits as the leading bank in Kuwait, the highest rated in the Middle East and one of the top 50 safest banks in the world.
The commemoration of this inspiring and monumental anniversary comes as a culmination of a remarkable story of success, by means of which NBK has been transformed from a small bank that occupies the area of three shops and a handful of employees relying on traditional and manual banking tools to one of the largest and most profitable banks in the region.
NBK continues crossing threshold of one billion dollar profits by the end of 2011, achieving strong results thanks to the bank’s resilience, clear strategy, conservative culture, and high professional standards, all of which have limited the bank’s exposure to lower quality assets in and outside of Kuwait.
NBK was also recently named among the ‘World’s 50 Safest Banks’ for the fifth consecutive time, illustrating the success of the bank’s conservative strategy, prudent risk management dedication excellent customer service. NBK enjoys the highest credit ratings among all the banks in the Middle East and North Africa region by international rating agencies Moody’s, Standard & Poor’s, and Fitch Ratings.
Today, NBK has the largest local and overseas banking network encompassing more than 176 branches, representative offices and subsidiaries strategically located within the main international and regional financial centers.