National Bank of Kuwait (NBK) has strengthened its leadership in transaction banking in in its home market through strong trade finance performance and continued digital advancement.
The bank processed more than 22,000 trade finance transactions during the review period, representing a total value of KD4.2 billion ($13.7 billion), with approximately KD3.6 billion in net trade finance assets outstanding by the end of 2024. NBK commands more than 30% of Kuwait’s trade finance business, rising to almost 80% in oil-related transactions.
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