June 17, 2022
1 min read

NBK named “Best Trade Finance Bank in Kuwait for 2022”

National Bank of Kuwait (NBK) was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global Trade Review (GTR)…reports Asian Lite News

National Bank of Kuwait (NBK) was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global Trade Review (GTR), a magazine specializing in global emerging markets and trade, commodity finance and transaction banking.

GTR selected NBK as one of the leading banks in the Middle East and North Africa (MENA) region in the trade finance sector, based on customer and market-specialized institution surveys conducted around the world.

The GTR Leaders in Trade awards recognize excellence in the trade, commodity, supply chain and export financing, and well as FinTech markets.

By receiving this award, NBK demonstrates its leadership in financing mega deals and projects, benefiting from its strong balance sheet, extensive experience, in addition to the exceptional and sustainable relations with its clients both locally and internationally.

ALSO READ:NBK named “Best Financial Innovation Lab in Kuwait for 2022” by Global Finance

In addition, this prestigious award reflects NBK’s solid position and dominant share in the trade finance market given its participation in the major deals across many vital sectors, thanks to its outstanding customer service and added value provided. This is helped by the bank’s broad regional and international footprint, as well as its highly experienced professional team who work tirelessly to ensure delivering impeccable customer service.

NBK continues to seize opportunities on the local and regional levels, based on its historical role in leading alliances of mega deals and financing major strategic projects across many sectors, cementing its leading position as the bank of choice for leading local and regional companies in financing their expansion plans.

GTR is a well-known international trade finance magazine that produces reports and analyses on trade export, commodity and supply chain finance, as well as trade credit insurance, treasury and FinTech markets. Every year, GTR recognizes the market’s pioneering institutions and top performers from all over the world in the GTR Leaders in Trade Awards and GTR Best Deals Awards.2

Previous Story

Flynas To Fuel Regional Tourism

Next Story

US okays Covid vaccines for children as young as 6 months

Latest from Arab News

Israel Severs UNRWA Ties

Israel reiterated Israel’s commitment to humanitarian aid reaching Gaza but said assistance would be channeled through “alternative organizations…reports Asian Lite News Israel said it would sever all ties with the United Nations

Al-Sharaa Named Interim President as Syria Reshuffles

The announcement came during a “Victory Conference” held in Damascus…reports Asian Lite News Syria’s Military Operations Administration announced the appointment of Ahmed al-Sharaa as president during the transitional period, granting him authority

India, Oman to Fast-Track Economic Pact Talks

The Comprehensive Economic Partnership Agreement will be a milestone in bilateral trade, significantly scaling up two-way trade and investments. India and Oman have agreed to expedite negotiations for the Comprehensive Economic Partnership

Abu Dhabi – Dubai In 30 Minutes 

The UAE’s high-speed rail project between Abu Dhabi and Dubai will reduce travel times to 30 minutes, boost the economy by AED 145 billion, enhance connectivity, support sustainability, and align with the
Go toTop