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Kuwait: NBK named Best Bank in Kuwait 2018 by Global Finance

26.05.2018

National Bank of Kuwait (NBK) has been named the Best Bank in Kuwait 2018 by the international financial publication Global Finance.

NBK was chosen the Best Bank in Kuwait based on input from industry analysts, corporate executives and banking consultants. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

“We have selected the winners based on performance over the past year, as well as subjective criteria, including reputation and management excellence,” said Global Finance.

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, GCC, Middle East, Singapore as well as China (Shanghai).



Kuwait: NBK Academy Celebrates Graduation of 20th Batch of Employees

07.01.2019

The National Bank of Kuwait (NBK) celebrated the graduation of its 20th batch of newly recruited employees from its annual NBK Academy which develops the skills of university graduates and qualifies them to work in the banking sector.

The ceremony was attended by the Chief Executive Officer - Kuwait at the National Bank of Kuwait, Mr. Salah Al-Fulaij, the Deputy CEO - Kuwait at the National Bank of Kuwait, Mr. Sulaiman Al-Marzouq and other members of the Executive Management.

Graduates who have ranked first this year were awarded for outstanding efforts in the duration of the program, attending lectures, practical training and on-site visits to branches.

During the four-month period of the program, the training phases of the Academy covered the various aspects of banking such as banking principles, risk management, teamwork, financial accounting, marketing, negotiation, consumer and commercial lending, in addition to practical trainings in rotating departments within the Bank during which they were mentored by internationally-accredited trainers to enable employees to gain specialized banking skills.

NBK Academy is designed to develop the theoretical and practical skills of trainees to prepare them to the banking sector and arm them with hands-on experience, as well as familiarize them with the Bank's business structure and culture to support their career development goals.