NBK among 50 safest banks in the world for the eighth time in a row

Press release

Published August 25th, 2013 - 04:42 GMT

Al Bawaba

National Bank of Kuwait (NBK), for the eighth consecutive time, has been listed among the 50 safest banks in the world. NBK ranked 37 on the list, illustrating the success of the bank’s conservative strategy, prudent risk management and dedication to service excellence.

NBK is the only arab bank to be listed among the 50 safest banks in the world for the eighth consecutive time. NBK ranked above several international financial heavyweights including US Bancorp and Bank Tokyo-Mitsubishi UFJ.

The rankings, compiled by international finance magazine, Global Finance, are based on evaluations of long-term credit ratings—from Moody’s, Standard & Poor’s and Fitch Ratings—and total assets of the 500 largest banks worldwide. Global Finance's annual ranking of World's 50 Safest Banks has been a recognized and trusted standard of creditworthiness for the entire financial world for more than 20 years.

NBK continues to enjoy collectively 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.

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.

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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.