Euromoney, the pre-eminent international finance magazine, named NBK Capital, the investment and merchant banking subsidiary of NBK, the “Best Debt House in Kuwait for 2006” at its Awards of Excellence ceremony held recently in Doha, Qatar.
Euromoney’s CEO, Simon Brady, said that in the last year the scope and value of the services offered by NBK Capital have made it an outstanding candidate for the award as best debt house in Kuwait. “In the last year the scope and value of the services offered by NBK Capital have made it the outstanding candidate for the award as best debt house in Kuwait. NBK Capital has managed more than half of the bond issues made in Kuwait in the last year and has the largest corporate loan portfolio among Kuwaiti banks, including the many of the country’s blue chip companies.
Mr. George Nasra, CEO of NBK Capital said it is indeed an honor to be named Best Debt House in Kuwait by Euromoney. This award is reflective of our strategy, to be the trusted advisors to business leaders and entrepreneurs seeking to build great and enduring companies in the Middle East. “We thank our clients and shareholders for their continued support of NBK Capital. We share this distinction with them as well as our employees - the finest team of investment and merchant banking professionals in the region,” Nasra added.
NBK Capital is the investment and merchant banking subsidiary of National Bank of Kuwait. Established in July, 2005, NBK Capital specializes in investment banking with focus on providing advisory services on mergers and acquisitions as well as debt and equity capital raising. The merchant banking activities of NBK Capital are focused on investing in privately owned companies. NBK Capital has over 40 professionals, in offices strategically located around the GCC and Middle East Region, which include Kuwait, Dubai International Financial Centre, UAE, and Beirut, Lebanon.
