Our strategically placed offices across the world, gives us extensive global reach.
Read all about our performance this past year
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. The focus is to provide tailored banking facilities for a customer base of exporters and contracting companies involved in public and private business in Kuwait and the Middle East. The office also provides support to NBK customers by sourcing opportunities for their investments.
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 corporate 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.
Today, the branch provides a full range of wholesale banking products. The focus is to provide tailored banking facilities for a customer base of exporters and contracting companies involved in public and private business in Kuwait and the Middle East.
Over the years, NBK Singapore, supported by NBK’s representative office in China, has developed a strong customer base in key markets such as Singapore, Vietnam, China, Korea, Japan, India, Malaysia and Thailand, where an important portion of NBK’s business activity takes place. The branch’s main role remains to support trade and other cross-border transactions with Kuwait and the Gulf.