NBK set up its Singapore branch in 1984. It holds a Wholesale Banking licence offering a full range of Corporate and Institutional Banking, Trade Finance and Treasury products and services, with coverage and control unit responsibility for Asia Pacific region. The Branch also supports and provides tailored banking facilities for a customer base of exporters and contracting companies involved in public and private business in Kuwait and the Middle East.
STATEMENT OF COMMITMENT TO THE FX GLOBAL CODE
National Bank of Kuwait SAKP, Singapore Branch (“Institution”) has reviewed the content of the FX Global Code (“Code”) and acknowledges that the Code represents a set of principles generally recognised as good practice in the wholesale foreign exchange market (“FX Market”).The Institution confirms that it acts as a Market Participant as defined by the Code, and is committed to conducting its FX Market activities (“Activities”) in a manner consistent with the principles of the Code. To this end, the Institution has taken appropriate steps, based on the size and complexity of its Activities, and the nature of its engagement in the FX Market, to align its Activities with the principles of the Code.
9 Raffles Place
# 44-01 Republic Plaza
Tel: (+65) 62225348
Fax: (+65) 62245438