GO
Loading...

» more from Slideshows

Kuwait

National Bank of Kuwait (#44 Worldwide)

Banking Industry as of 3/09
Size of Banking Industry: N/A
Key interest rate: 3.75%
Number of commercial banks: 17

The only Middle-Eastern bank represented on the Global Finance list is the National Bank of Kuwait (NBK). Getting high marks from the ratings agencies, NBK is one of the largest financial institutions in the country and boasts an unbroken record of rising profits since 1952, reaching $1 billion in 2007. NBK has a market capitalization of $9.1 billion.

Source: Central Bank of Kuwait