My Tools

  • Loans Calculator

    Calculate the loan amount you can borrow or alternatively, the monthly payments you can afford.

    How much can i... borrow afford
    KD

    You can borrow only a maximum amount of.

    Calculate

    Rate of interest is 5.0% pa.

    KD
    KD
    24 Months

    Adjust repayment tenure to change EMI

    This is for demonstrative purpose only. Call 1801801 or visit a branch for exact calculations.

  • Term Deposit Calculator

    This is for demonstrative purposes only. Call 1801801 or visit a branch for exact calculations.

  • I would like to apply
  • Branch / ATM Locator
  • Al Jawhara

    Al Jawhara, Kuwait's Best Prize!

    KD
    Calculate

    The minimum deposit is KD 50 and for 1 month. Terms & conditions apply.

  • Weather

    oC Feels like
    oC

    Humidity %
    Wind From
    Wind Speed kph
    Sunrise
    Sunset
    Updated:
  • Prayer Timings

    Kuwait Prayer Times
    Wednesday, 26,2014

    • Fajr 04:56 AM
    • Sunrise 06:20 AM
    • Dhuhr 11:36 AM
    • Asr 02:30 PM
    • Maghrib 04:50 PM
    • Isha 06:20 PM
  • Ask a Question
  • Market Indices
    Price: 960-10
    Open: 970High: 980
    Low: 960Close: 960
    Volume: 10,337,138
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 237,911,678
    • Top Gainers

      Company Chg. % Cur. Price
      MARIN7.69112
      AGHC6.17172
      CABLETV5.2640
      HUMANSOFT3.95395
      ACICO3.23320
      KUWAITRE3.19194
      MASAKEN2.9470
      ALMADINA2.8636
      HAYATCOMM2.7874
      SHIP2.78148
    • Top Losers
      Company Chg. % Cur. Price
      GBK 3-9.09302.919983
      CATTL-6.33148
      MARAKEZ-5.3844
      GBK-4.76300
      GBK 6-4.76305.850006
      PEARL-3.5713.50
      ZAIN-3.23600
      GNAHC-3.0947
      MAZAYA-3.08126
      GFH-3.0332
    • By Volume
      Company Volume Price
      ADNC`R40,364,02929
      SENERGY`R22,610,01425
      SAFRE`R20,065,49025
      MANAZEL`R18,426,70959
      HITSTELEC`R14,438,02939.50
      GFH`R14,376,73332
      GBK`R10,812,959300
      NBK`R10,337,138960
      BURG`R7,236,500520
      ABYAAR`R4,802,61737.50
  • Currency Converter

    Error: Generic error message here.

    10000

    Click here to view the Currency Rates

News

Standard & Poor’s affirms NBK’s ratings, outlook stable

 

Standard & Poor’s, the international credit rating agency, affirmed the long-term credit ratings of National Bank of Kuwait (NBK) at A+. All the bank’s ratings carry a stable outlook.
“Our outlook on NBK is stable, reflecting our belief that its overall business and financial profile will remain resilient and generally unchanged over the next 12-24 months,” said Standard & Poor’s in a recent report on NBK.
The agency pointed out that NBK’s major rating strengths include the leading commercial position in its domestic market, strong capitalization on the back of good earning capacity, and more resilient asset quality than that of its peers.
Standard & Poor’s said that “NBK's business position is strong. We believe the bank's business position will remain stable, underpinned by its leading position in Kuwait, long track record of good and stable performance, as well as good and experienced management.”
“We assess NBK's capital and earnings as "strong," mainly based on the bank's level of capitalization and profitability,” the agency added. “NBK is the largest bank in Kuwait, with $48.8 billion of consolidated assets on December 31, 2011, and market shares in loans and deposits exceeding 25%. Earnings by segment and geography tend to be well diversified.”
NBK has consistently been awarded the highest credit ratings of all banks in the region by the major international rating agencies: Moody's, Standard & Poor's and Fitch Ratings. In 2012, NBK moved up 14 positions to rank 33 among the 50 safest banks in the world. NBK is the only Arab bank to be listed among the world’s 50 safest banks five times in a row.

Back
Send to a Friend Print this page

Send to a Friend