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    Wednesday,May 27,2015

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  • Market Indices
    Price: 820-10
    Open: 830High: 830
    Low: 820Close: 820
    Volume: 1,756,565
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 181,426,432
    • Top Gainers

      Company Chg. % Cur. Price
      QURAINHLD20.8314.50
      COAST9.6257
      ALMAL7.4636
      KBT6.9438.50
      HCC6.85156
      BIIHC6.1252
      KSHC4.8432.50
      EYAS4.76330
      TAAMEER4.6234
      SHIP4.48140
    • Top Losers
      Company Chg. % Cur. Price
      NIND.3-8.51173.669998
      NIND.6-8.51175.350006
      NIND.9-8.51177.029999
      FUTURE-8.33110
      NIND.12-7.53178.699997
      ABYAAR-5.8832
      ARKAN-5.26108
      MAYADEEN-4.9229
      AJWAN-4.8429.50
      ADNC-4.0823.50
    • By Volume
      Company Volume Price
      ADNC`R16,271,99823.50
      ABYAAR`R14,064,11232
      AJWAN`R13,013,56429.50
      IFA`R10,759,95145.50
      KBT`R9,208,49138.50
      COAST`R8,434,59157
      SOKOUK`R7,546,10066
      ALMAL`R7,351,42136
      MANAZEL`R6,829,73147
      KSHC`R5,853,89532.50
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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
 

 

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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