Global Finance magazine has awarded National Bank of Kuwait (NBK) the Best Trade Finance Bank in the Middle East for 2004. The awards were announced in Global Finance's issue commending the world's best banks.
Global Finance attributes this achievement to NBK's trade finance services and LC's and LG's, indicating, “the size of these operations distinguished NBK's to be the best choice for the largest companies in Kuwait for its local and international coverage for these services.”
Other banks that won the title are Citigroup in the Americas region, ABN AMRO in Europe, RZB in Central and Eastern Europe and HSBC Holdings in Asia. — (menareport.com)
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