NBK - China
The change towards a market-oriented economy has propelled China as a major player in the global economy. Trade and investment flows with the Middle East have increased exponentially. NBK opened its representative office in Shanghai in late 2005 to capture growing business opportunities between China and the Middle East.
NBK - Singapore
NBK set up its Singapore branch in 1984 to be the center for its activities in the Asia Pacific region and to have the marketing and credit responsibilities for all financial institutions and corporations in this region that deal with NBK globally. In May 2003, the Monetary Authority of Singapore, as part of its banking liberalization program, upgraded NBK Singapore to Wholesale Banking status on the basis of several criteria, including financial strength and contributions and commitment to developing Singapore’s financial sector.