NBK opens a new branch in Abu Dhabi

Press release

Published April 14th, 2013 - 04:53 GMT

Al Bawaba

National Bank of Kuwait (NBK) announced the opening of its new branch in Abu Dhabi, the second in the United Arab Emirates.

NBK-Abu Dhabi comes as part of the Bank's expansion strategy in the UAE which started with its first branch in Dubai in 2008.

NBK-UAE provides its customers with complete banking solutions including Murabaha deposits, corporate FX hedging solutions and mortgage services.

NBK has the widest banking presence with more than 170 branches worldwide. NBK’s international presence spans many of the world’s leading financial centers including London, Paris, Geneva, New York and Singapore, as well as China (Shanghai). Meanwhile, regional coverage extends to Lebanon, Jordan, Iraq, Egypt, Bahrain, Qatar, Saudi Arabia, the UAE, and Turkey.

NBK continues to collectively enjoy 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. In 2012, NBK was also named among Global Finance’s list of the 50 safest banks in the world for the seventh consecutive time.

Background Information

National Bank of Kuwait

The products and services offered by NBK Jordan Corporate Banking are on par with the top private banks in the world and NBK is confident that all your expectations will be exceeded.

You can take your business to the next level with ease. With NBK Jordan you can fund the growth of your business with a wide range of financial solutions tailored for your needs.

NBK Jordan provides innovative products and services offering solutions to even the most complex business strategy.

We take the time to understand your business, and work with you to take advantage of our full range of financial products and services that can help you streamline your financial operations, manage daily business needs, and pursue the long-term plan you have for your company.