Fitch Ratings: Kuwait banks benefit from surge in M&A
Kuwaiti banks are gaining from a rise in mergers and acquisitions (M&A), which Fitch Ratings views as a…
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Kuwaiti banks
Burgan Bank’s Ratings Affirmed With ‘Stable’ Outlook
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Burgan Bank…
National Bank Of Kuwait 7th Safest Bank In The World: CNN
National Bank of Kuwait (NBK) was listed the seventh among the ten safest banks worldwide, according to a report…
Kuwait Denies Rumors On Forged 20-KD Banknotes
Manger of Banking Operations Department at Central Bank of Kuwait ( CBK ) Abdullah Al-Shatti denied rumors that…
KFH Offers Award Program For Credit, Prepaid Cards Clients
Kuwait Finance House (KFH) announced that it collaborated with We Guide international company to design and…
Kuwaiti Burgan Bank Won “Best Bank Branding” Award
Burgan Bank announced today that it has been awarded the coveted "Best Bank Branding" award by the Banker Middle…
Kuwait Issues New Guidelines On Governance Of Banks
"Within the effort aimed at keeping up with the latest in international banking supervisory criteria meant to…
Kuwait’s Burgan Bank Offers Credit Card Holders 10% Discount On Booking Cruises
Kuwaiti Burgan Bank announced today a new partnership with Caesars Holiday to offer its customers discounts on…
Fitch Affirms NBK’s Rating At AA-; Outlook Stable
Fitch Ratings, the international credit rating agency, affirmed the National Bank of Kuwait’s (NBK) Long-term…
Fitch Affirms Kuwait’s Gulf Bank At ‘A+’; Outlook Stable
Fitch Ratings has affirmed Gulf Bank's ( GB ) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook…
Kuwait Introduces New Banking Rules To Boost Supply
Kuwait's new loan-to-deposit ratio rules for banks are aimed at encouraging capital market development, improving…
Commercial Bank of Kuwait Q1 PPOP Posts KD 22.4 Mln
Commercial Bank of Kuwait announced an operating profit before provisions of KD 22.403 million for the period from…
Kuwait’s Regulator Changes Loan-limits Rules
Kuwait’s central bank is changing the rules that govern loan limits at local banks in a bid to enhance their…
Al-Moussa To Head Kuwait Commercial Bank
Commercial Bank of Kuwait plans to appoint Ali al-Moussa as chairman and managing director.Al-Moussa will resign…
Kuwait’s Burgan Bank Q1 Profit Rises 48%
Kuwait’s Burgan Bank said its net profit in the first quarter of this year rose by 48% to KD17.5m, compared with…
Kuwait’s Boubyan Bank Posts KD 2.48 Mln Net Profit For Q1 2012
Kuwaiti lender Boubyan Bank announced that its net profit reached KD 2.48 million, a growth of 17% for the first…
NBK Posts $292 Mln Net Profit For Q1 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
Kuwait’s Burgan Bank Lends UASC US$ 150 Mln
Kuwaiti Burgan Bank announced that the bank's Corporate Banking Group has successfully completed a finance deal…
Kuwait’s Warba Bank Signs Two Agreements With Standard Chartered
Kuwait's Warba Bank has signed two agreements with Britain's Standard Chartered to facilitate transactions in Asia,…
Kuwait’s Burgan Bank Is Co-Lead Bond Manager For Alargan
Burgan Bank recently acted as a co-lead manager in a KD26.5m covered bond issue for Alargan International Real…
National Bank of Kuwait Increases Shares In Boubyan Bank
National Bank of Kuwait (NBK) said Tuesday that it acquired the approval of the Central Bank of Kuwait (CBK) on the…
Kuwaiti Burgan Bank Acquires Eurobank’s Turkish Unit
Burgan Bank, one of Kuwait's leading banks with a regional presence in Jordan, Iraq, Algeria and Tunisia, announced…
S&P Affirms Stable Outlook For National Bank of Kuwait
Standard & Poor's, the international credit rating agency, affirmed the long-term credit ratings of National…