NBK Tools

NBK Tools

Prayer Timings

  • Fajr

  • Duhr

  • Asr

  • Maghrib

  • Isha

Weather

C

Feels like
C
  • Humidity

  • Wind

  • Wind Speed

  • Sunrise

  • Sunset

Currency Convertor

Notifications

  • Important Notice

    Dear Valued Customer, please check the authenticity of received SMS related to your debit or credit cards transactions. Further, kindly do not respond to any message and/or calls requesting information related to your bank account.

  • Important Notice

    Dear Valued Customer, We would like to notify you that National Bank of Kuwait S.A.K.P – Bahrain Branch has updated the “Manual of General and Special Terms for Dealing with the Accounts and the Banking and Electronic Services” in line with the legal and regulatory requirements. Please read the updated Manual and raise any comment “If any” through visiting the nearest branch in the Kingdom of Bahrain and/or mail it to your Relationship Officer.” Download the Updated Manual

  • Upgraded Bahraini Dinar

    The Central Bank of Bahrain is issuing banknotes for denominations (BD20 and BD10). These two denominations only will have Upgraded new securtiy features; on all denominations (BD20, BD10, BD5, BD1 and BD1/2) the position of the blind recognition features will be changed.

News

Filter By:

Bahrain: NBK-Bahrain reports net profits for the first half of 2018, up 19.4 % y-o-y

01.08.2018

National Bank of Kuwait-Bahrain (NBK Bahrain), the branch of NBK Group in Bahrain, reported net profits of BHD 55 million (equivalent to KD 44.3 million) for the first half of 2018 compared with BHD 46.1 million (equivalent to KD 37.1 million) for the same period of 2017, a growth of 19.4 % year-on-year.

NBK-Bahrain’s total assets increased by 13 % y-o-y to BHD 6.048 billion (equivalent to KD 4.866 billion), compared with BHD 5.359 billion (equivalent to KD 4.312 billion) for the same period of previous year. While total shareholders’ equity increased by 18 % y-o-y to BHD 642.330 million (equivalent to KD 516.729 million) compared with BHD 545.482 million (equivalent to KD 438.818 million) for the same period of previous year. Customer deposits increased by 24 % y-o-y to BHD 3.244 billion (equivalent to KD 2.609 billion) compared with BHD 2.611 billion (equivalent to KD 2.100 billion) for the same period of previous year.

Isam Al-Sager, NBK Group Chief Executive Officer said “Once again, NBK Group proves its dominance in the regional market and solidifies its leadership position through the outstanding performance of yet another one of its regional branches, NBK-Bahrain. These solid results come in line with the Group’s strategy aimed at strengthening its position throughout MENA region to diversify its revenue stream”.

 “We have been increasingly focused on our international operation and the numbers have definitely reflected the successful route we have been following. During the 1H2018, our international business continued to grow, strongly contributing close to 30% of the Group’s bottom line”. Al-Sager commented.

Al Sager also added that the improved profit performance was attributable to increased operating banking revenues despite the challenging operating environment.

Moreover, Al-Sager affirmed that NBK-Group will continue to focus on its international operations and foster external growth in order to complement its local dominance.

Ali Fardan, NBK-Bahrain General Manager, said “We continue to draw on NBK-Group’s clear strategy to focus on our core business to consistently drive solid results. In addition to that, we have a very talented and experienced team that backs our operations year after year. I am confident that we are set to achieve further growth in the remaining part of 2018 and beyond.”

NBK has been present in Bahrain since 1977 and enjoys strong and historical relationships with the major Bahraini and international companies. Al Fardan added.

NBK continues to enjoy collectively one of the highest ratings among all banks in the Middle East from the three international rating agencies Moody’s, Fitch Ratings and Standard and Poor’s. The Bank’s ratings are supported by its high capitalization, prudent lending policies, and its disciplined approach to risk management, in addition to its highly recognized and very stable management team. NBK was also named among Global Finance’s list of the 50 safest banks in the world for twelve consecutive times and was awarded as the Best Bank in Kuwait in 2017 by the Banker, Euromoney and Global Finance.

NBK enjoys the widest banking presence with a local and international network reaching 4 continents. NBK’s international presence spans many of the world’s leading financial centers including New York, Europe, Singapore and China; in addition to its presence in MENA.



Bahrain: NBK-Bahrain reports net profits of BHD 93.5 million (KD 74.9 million) for 2017, up 27% y-o-y

06.03.2018

National Bank of Kuwait-Bahrain (NBK Bahrain), the branch of NBK Group in Bahrain, reported net profits of BHD 93.5 million(KD 74.9 million) for the year 2017 compared with BHD 73.4 million (KD 58.9 million) in 2016, a growth of 27% year-on-year.

As of end of 2017, NBK-Bahrain’s total assets increased by 13% y-o-y to BHD 5.8 billion (KD 4.6 billion), compared with BHD 5.1 billion (KD 4.1 billion) in 2016. While total shareholders’ equity increased by 19.8% y-o-y to BHD 599.6 million (KD 480.7 million). Customer deposits reached BHD 3 billion (KD 2.4 billion), up by 10.4 % y-o-y.

Isam Al-Sager, NBK Group Chief Executive Officer said “NBK-Bahrain continues its solid performance despite the challenging operating environment. The Bank’s strong results affirm the success of NBK Group’s regional expansion strategy that is built on a culture of prudence and strict risk management practices.”

“We are successfully proceeding in strengthening our position as a leading regional bank,” Al-Sager added. “NBK’s subsidiaries continue to deliver strong results contributing positively to the Group’s profitability and adding value to the growth in our business.”

Ali Fardan, NBK-Bahrain General Manager, said “This strong performance reflects our conservative management as we have consistently focused on our core business and ways to diversify sources of income. We continue to grow our operations locally by developing new products to serve our customers benefiting from the support of NBK Group.”

NBK has been present in Bahrain since 1977 and enjoys strong and historical relationships with the major Bahraini and international companies. Al Fardan added.

NBK continues to enjoy collectively one of the highest ratings among all banks in the Middle East from the three international rating agencies Moody’s, Fitch Ratings and Standard and Poor’s. The Bank’s ratings are supported by its high capitalization, prudent lending policies, and its disciplined approach to risk management, in addition to its highly recognized and very stable management team. NBK was also named among Global Finance’s list of the 50 safest banks in the world for the twelve consecutive times and was awarded as the Best Bank in Kuwait in 2017 by the Banker, Euromoney and Global Finance.

NBK enjoys the widest banking presence with a local and international network reaching 4 continents. NBK’s international presence spans many of the world’s leading financial centers including New York, Europe, GCC, Middle East, Singapore as well as China (Shanghai).