National Bank of Kuwait

Kuwait City, Kuwait Founded: 1952 • Age: 74 yrs
Commercial bank

About National Bank of Kuwait

National Bank of Kuwait is a company based in Kuwait City (Kuwait) founded in 1952.. National Bank of Kuwait has completed 2 acquisitions, including Al Watany Bank and UPayments. National Bank of Kuwait operates in a competitive market with competitors including Scotiabank, Kuwait Finance House, Burgan Bank, Boubyan Bank and Kuwait International Bank, among others.

  • Headquarter Kuwait City, Kuwait
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name National Bank Of Kuwait K.S.C.
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
    $0 (USD)
    0
    as on Dec 31, 2025
  • Net Profit
    $0 (USD)
    0
    as on Dec 31, 2025
  • EBITDA
  • Latest Funding Round
    $750 M (USD), Debt – Conventional

    May 01, 2017

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of National Bank of Kuwait

National Bank of Kuwait is a publicly listed company on the KSE with ticker symbol NBK in Kuwait, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: KSE · Ticker: NBK . Sector: Finance · Kuwait
People of National Bank of Kuwait
Headcount 1000-5000
Employee Profiles 343
Board Members and Advisors 9
Employee Profiles
People
Hisham Nazem
Senior Manager Head Of International Credit Compliance
People
Immanuel Novelino
Information Technology Operations Manager
People
Leah Lopez-Gorospe
Head Of Operations
People
Ihab Aqqad
Chief Operating Officer, International Banking Group

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Board Members and Advisors
people
Muthana Mohamed Ahmed Al-Hamad
Non-Executive Board Member
people
Hamad Mohamed Al-Bahar
Group Chairman
people
Haitham Sulaiman Al-Khaled
Non-Executive Board Member
people
Farouq Ali Akbar A. Bastaki
Independent Board Member

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Funding Insights of National Bank of Kuwait

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $750.0M
  • First Round

    (01 May 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Debt – Conventional - National Bank of Kuwait Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by National Bank of Kuwait

National Bank of Kuwait has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Al Watany Bank and UPayments. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
API-linked payment gateway is provided for online transactions and invoicing.
2008
Banking services are offered in Egypt since 1980.
1980
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - National Bank of Kuwait

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

National Bank Of Kuwait Comparisons

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Competitors of National Bank of Kuwait

National Bank of Kuwait operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Kuwait Finance House, Burgan Bank, Boubyan Bank and Kuwait International Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Commercial banking services are provided in Kuwait by Burgan Bank.
domain founded_year HQ Location
Commercial banking services are provided in Kuwait.
domain founded_year HQ Location
Operates as a commercial bank providing deposits, loans, and payment services to customers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on National Bank Of Kuwait

Frequently Asked Questions about National Bank of Kuwait

When was National Bank of Kuwait founded?

National Bank of Kuwait was founded in 1952 and raised its 1st funding round 65 years after it was founded.

Where is National Bank of Kuwait located?

National Bank of Kuwait is headquartered in Kuwait City, Kuwait.

Who is the current CEO of National Bank of Kuwait?

Salah ALFulaij is the current CEO of National Bank of Kuwait.

What does National Bank of Kuwait do?

The National Bank of Kuwait was founded in 1952 and is headquartered in Kuwait City, Kuwait. As a commercial bank, operations are conducted across Asia, Europe, and North America. Services encompass consumer loans, credit cards, deposits, foreign exchange, wealth management, custody, brokerage, trade finance, and advisory. In 2022, annual revenues reached 5.56 billion, with net profit recorded at 1.64 billion.

Who are the top competitors of National Bank of Kuwait?

National Bank of Kuwait's top competitors include Scotiabank, Kuwait Finance House and Burgan Bank.

Is National Bank of Kuwait publicly traded?

Yes, National Bank of Kuwait is publicly traded on KSE under the ticker symbol NBK.

How many acquisitions has National Bank of Kuwait made?

National Bank of Kuwait has made 2 acquisitions, including Al Watany Bank, and UPayments.

What is National Bank of Kuwait's ticker symbol?

The ticker symbol of National Bank of Kuwait is NBK on KSE.

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