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Thursday 29 August 2013

National Bank of Kuwait Listed Among 50 Safest Banks In The World.

National bank of Kuwait
The National Bank of Kuwait has been listed among the 50 safest banks in the world for the eighth time running. Ranked at 37, NBK represents the success of the bank’s strategy and specialization in its services and management excellence. Listed as the only Arab bank in the list of safest banks in the world, NBK is ranked higher than the most of the international financial well-known firms such as Bank Tokyo-Mitsubishi UFJ and US Bancorp.
The International finance magazine Global Finance, compiled and ranked the world’s 50 safest banks based on estimates and evaluations of long-term credit ratings from Standard & Poor’s, Fitch Ratings and the sum of assets of 500 largest banks worldwide. The World’s 50 safest banks compiled by the Global Finance magazine have been recognized and reliable for the financial world for more than 20 years.
NBK stands as the highest ranked bank in the Middle East from Moody’s, Standard and Poor’s and Fitch Ratings.

NBK is ranked by its disciplined approach in risk management, high capitalization and its cautious loan policies, including its highly qualified and stable management team.