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  • Market Indices
    Price: 970-10
    Open: 980High: 980
    Low: 970Close: 970
    Volume: 1,734,278
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 142,118,613
    • Top Gainers

      Company Chg. % Cur. Price
      IPG5.62470
      TAIBA584
      KCIN41040
      ITHMR452
      TAHSSILAT3.8082
      NAPESCO3.51590
      PEARL3.4515
      LOGISTICS3.39122
      MADAR3.3346.50
      POULT3.26190
    • Top Losers
      Company Chg. % Cur. Price
      MASHAER 6-12.219999161.081009
      MASHAER 3-10.64159.540009
      CITYGROUP-5.68415
      SGC-5.36106
      ENERGYH-5.1592
      FIRSTDUBAI-5.1093
      EQUIPMENT-4.48128
      JEERANH-4.1170
      BPCC 6-4734.039978
      URC-3.85100
    • By Volume
      Company Volume Price
      GFH`R27,568,78931.50
      ALMAL`R7,639,29952
      SENERGY`R6,775,69729
      NINV`R5,138,412172
      COAST`R5,128,26078
      KSHC`R4,607,70929
      SAFRE`R3,818,00332.50
      ITHMR`R3,571,64252
      MANAZEL`R3,559,46159
      KINV`R3,217,984156
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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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