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  • Market Indices
    Price: 9900
    Open: 990High: 1000
    Low: 990Close: 990
    Volume: 662,288
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 241,411,150
    • Top Gainers

      Company Chg. % Cur. Price
      GGMC7.69700
      KUWAITRE7.14150
      TAHSSILAT7.07106
      SGC6.06140
      SALBOOKH5.6893
      FUTUREKID5.45116
      AJWAN5.2680
      KAMCO5.26120
      GBK 34.41358.460022
      KFIC4.1176
    • Top Losers
      Company Chg. % Cur. Price
      REAM-6.35118
      QURAINHLD-5.4943
      ALSALAM-3.77102
      PAPCO-3.70104
      ITHMR-3.7052
      IFAHR-3.54218
      ERESCO-3.3387
      TAM-3.17305
      ACICO-2.94330
      MASSALEH-2.6773
    • By Volume
      Company Volume Price
      ITHMR`R23,822,27952
      KBT`R18,084,44754
      ALMADINA`R9,700,83042
      KRE`R9,223,43282
      ALDEERA`R9,072,79324
      GIH`R8,817,06084
      GFH`R8,178,23639.50
      GPI`R8,069,591102
      IFA`R7,290,60861
      SECH`R6,507,41290
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Trade and Finance

At NBK, Trade Finance gathers a team of talented experts with vast and cumulative experience. This, complemented by the latest technology of world class standards, would be the best solution for importers who are seeking expertise for their letters of credit, guarantee and structured trade deals.

Letters of Credit (LC): the department deals with all kinds of letters of credit (inward and outward) such as acceptance, Back-to-Back, Transferable, Deferred payment, Standby and revolving LC, just to name a few.

Letters of Guarantee (LG): the department is experienced in proactively recommending to clients the best format and method to protect their rights and interest in all guarantee categories such as Bid Bonds, Performance, Advance Payment, Retention, Suppliers credit guarantee, Contract Guarantees and others.

Collections: Documentary collection offers greater security than selling on open account but not as much as a documentary credit. We offer all types of collection whether outward or inward.

Financing: Trade Finance also offers financing and discounting under Letter of Credit.

Our Trade Finance's vast experience and knowledge has enabled it to offer a high degree of professionalism in structuring project finance based complex Letter of Credit and Guarantee transactions, which makes it an excellent venue for traders to opt for NBK.

For more information please contact:

Pradeep Handa
General Manager – Foreign Corporate, Oil & Trade Finance Group
Telephone: (+965) 2259 2307
Fax: (+965) 2242 6813
Mobile: (+965) 9974 2577
 

 

Chacko Varghese
Trade Finance – Letters of Credit
Corporate Banking Group
Tel. : (+965) 22592143
Fax : (+965) 22246631 - 22246632 
 

Richard Nazareth
Trade Finance Letters of Guarantee
Corporate Banking Group
Tel. : (+965) 22592224
Fax : (+965) 22246630 
 

Sultan Rajab Ali
Consultant (full time)
Telephone: (+965) 2259 2161
Fax: (+965) 22246631 - 22246632

 

To contact by e-mail: corporate@nbk.com

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