National Bank of Kuwait (NBK)
National Bank of Kuwait (NBK), last updated on
6 May 2018
, is listed under
category. It was added to
Kuwait Directory Rinnoo.net
24 October 2015
Pages of National Bank of Kuwait (NBK) on Rinnoo.net have achieved 550,825 views till now.
Brief on National Bank of Kuwait (NBK)
Foundation of National Bank of Kuwait
In 1952, the story of NBK started when a prominent Kuwaiti merchant went to the British Bank of the ME to open a Letter of Guarantee for the amount of 10,000 Indian Rupees, (which is equivalent today to 750 KD). Much to his surprise, his request was rejected, on the condition he provided a guarantor. This well known merchant was shocked and appalled by the treatment that he had received, and news of this was all over town.
This incident gave rise to the question and the idea of having a national bank with a mission to serve the national needs as its priority, help the economic growth of the country, and look after the savings of its clients. In fact, a meeting was held with the late Amir of Kuwait, H.H. Sheikh Abdullah Al-Salem Al-Sabah, who congratulated them on the idea and promised them his complete support. An Amiri decree was issued on May 19, 1952 to open the National Bank of Kuwait, and NBK started operations on November 15th 1952.
NBK founders are:
- Khalid Zaid Al- Khalid
- Ahmed Saud Al-Khaled
- Khalifa Khalid Al-Ghunaim
- Khaled Abdullatif Al-Hamad
- Sayed Ali Sayed Sulieman Al-Rifai
- Yousef Abdulziz Al-Fulaij
- Yousef Ahmed Al-Ghanim
- Mohamed Abdulmohsen Al-Khorafi
- Abdulaziz Hamad Al-Sager
NBK was the first national bank in Kuwait and the entire Arabian Gulf region. All the board members and the founders of NBK were renowned merchants of Kuwaiti origin. NBK was established with a capital of 13,100 shares, each valued 1,000 Rupee equivalent to KD 75 today. Over the years NBK has proved itself to be a financial leader in the Arab world.
The future of banking is right now. Mapping the road for your money, we’re here to number crunch, offer personalized services and financial solutions; for today, tomorrow and generations to come.
- To be the premier Arab Bank.
- To achieve consistently superior return for our shareholders.
- To deliver world-class products and services to our customers.
- Invest in people.
- Benefit the communities in which we operate.
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Contact Info of National Bank of Kuwait (NBK)
95 Safat 13001 Kuwait
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Branches of NBK in Kuwait
NBK - Fahaheel (Block 11, Al Sahely)
NBK - Sharq (Head Office 1, KSE/Borsa)
NBK - Salmiya (Salem Mubarak, Eureka)
NBK - Airport (Mall)
NBK - Sabhan
* Most viewed out of 65 branches. Sorted based on branches' views in the last 30 days, from Sunday, 26 August 2018 till today.
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Articles on National Bank of Kuwait (NBK)
Call NBK Kuwait while Traveling Abroad for Free
28 June 2018
NBK Ramadan 2018 Working Hours
16 May 2018
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Banks in Kuwait
Al Tijari CBK
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