The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

NBK forces the pace in the Gulf region

National Bank of Kuwait is a leading force in raising capital using Shariah-compliant instruments for property development in its domestic market and in the region. Nigel Dudley reports.

Oscar Silva, NBK Capital

"The company was recently awarded an A minus corporate rating by Capital Intelligence" Oscar Silva, NBK Capital

The National Bank of Kuwait has been the dominant financial institution in the country for many years, characterized by the speed with which it has moved into new sectors of the market without jeopardizing its core principles of prudence and sound banking practice. Nowhere has this approach been more clearly defined than in real estate, which is one of the fastest-growing areas of the economies of Kuwait and other countries in the Gulf region.

Its standing in the Euromoney/Liquid Real Estate 2007 poll will therefore come as no surprise. It ranks second in commercial banking behind regional and global heavyweight HSBC in the Middle East and north Africa region but leads the field in investment banking, debt capital markets and equity capital markets. It is also the clear leader for both commercial and investment banking in its home country.

The property boom in Kuwait has been stimulated by the government and the private sector’s commitment to new infrastructure and tourism and residential developments, such as Failaka and Bubyan Islands.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree