National Bank of Kuwait (NBK)

General Information

Company Name National Bank of Kuwait (NBK)

Company Purpose Established in May 1952, National Bank of Kuwait (known as: NBK) as the first local and home-grown GCC bank, and first shareholding company in Kuwait. NBK’s shares are listed on the Kuwait Stock Exchange since 1984 with only one shareholder holding owning more than 5% of the Bank’s share capital (PIFSS owns 5.77% as of December 2021). The Bank operates across 13 countries with a predominant focus on the MENA region. The Bank’s core businesses are (i) consumer and private banking, (ii) corporate banking, (iii) Islamic banking and (iv) investment banking and asset management.

Company Establish Date 19 May 1952

Financial Year Start First Quarter

Auditor

• Al Fahad and Al Wazzan - Deloitte and Touche

• Ernst & Young Al Aiban, Al Osaimi & Partners

Ownership

• The Public Institution for Social Security - Kuwait (5.77%)

Management

Subsidiaries

• Watani Wealth Management Co (100.00%)
• National Bank of Kuwait France SA (100.00%)
• Watani Financial Brokerage Co (100.00%)
• National Bank of Kuwait S.A.K. - Bahrain (100.00%)
• Watani Investment Co. KSCC (100.00%)
• NBK Banque Privee Suisse SA (100.00%)
• National Bank of Kuwait International PLC (100.00%)
• National Investors Group Holdings Ltd. (100.00%)
• National Bank of Kuwait - Egypt (94.93%)
• Credit Bank of Iraq (91.00%)
• National Bank of Kuwait (Lebanon) S.A.L. (85.50%)
• NBK Holding Liban SAL (66.50%)
• Boubyan Bank (59.90%)
• TurkishBank A.S. (34.30%)
• United Capital Bank (21.70%)
• KFIC Invest K.S.C.P (17.70%)
• Credit Information Co (4.26%)
• Intra Investment Co SAL (4.00%)
• National Bank of Kuwait - UAE (NA)
• Credit Information Network Co KSC (NA)
• Hayat Invest Co (NA)

Contacts