NBK named Best Emerging Market Bank in the Middle East 2011 by Global Finance

Press release

Published April 3rd, 2011 - 08:04 GMT

Al Bawaba

Global Finance, the renowned international financial magazine, has named the National Bank of Kuwait (NBK) the “Best Emerging Market Bank in the Middle East in 2011” for the second consecutive year.

In its exclusive annual survey of the world’s best banks, Global Finance chose the winners based on growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. All selections were made after extensive consultations with bankers, corporate financial executives and analysts throughout the world.

“We recognize these banks for their outstanding accomplishments,” said Joseph D. Giarraputo, Global Finance president and publisher. “Global financial markets are extremely difficult and conditions in each market may have differed but the winning banks were all noteworthy in their dedication to satisfying their customers’ needs.”

NBK ranked among major global banks such as JP Morgan Chase, Credit Suisse, Standard Chartered and HSBC.

“We remain in an unusually challenging environment for banks and their customers”, added Giarraputo. “More than ever, customers are demanding superior competence from their banking partners. These are the banks best providing that competence.”

NBK enjoys the highest credit ratings in the region by international rating agencies Moody's, Standard & Poor's, and Fitch Ratings.

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.

You can take your business to the next level with ease. With NBK Jordan you can fund the growth of your business with a wide range of financial solutions tailored for your needs.

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.