Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

NBK named 'Best Trade Finance Bank in Kuwait'   Join our daily free Newsletter

MENAFN - Arab Times - 28/01/2014

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Arab Times) For the sixth consecutive year, National Bank of Kuwait (NBK) was recognized as the "the Best Trade Finance Bank in Kuwait in 2014" by Global Finance, the renowned international finance magazine. NBK was among Global Finance's annual survey for best trade finance banks along with major global banks. The rankings are based on input from industry analysts, corporate executives and technology experts. Criteria for choosing the winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.

"We have selected the banks that are best serving the needs of corporations worldwide as they engage in cross-border trade," said Global Finance. "Now more than ever, the availability of trade finance at reasonable prices is crucial to the health of the global economy." Fawzi Al Dajani, NBK London General Manager, received the award on behalf of NBK at a special ceremony recently held in London. NBK continues to collectively enjoy the highest ratings 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 2013, NBK was also named among Global Finance's list of the 50 safest banks in the world for the eighth consecutive time. 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.



 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help