National Bank of Kuwait

National Bank of Kuwait (NBK), established in 1952, is the first indigenous bank and shareholding company in the Gulf region. Renowned for its stability and strategic management, NBK provides a comprehensive range of financial and investment services to individual, corporate, and institutional clients. The bank has earned a reputation for excellence, characterized by consistent profitability, high asset quality, and strong capitalization. With a significant market share, NBK serves a diverse and expanding clientele in the region. Its extensive overseas branch network positions it as a key player in major global financial centers. The bank offers various financial products, including working capital loans, letters of credit, project finance, and syndications, catering to sectors such as petrochemicals, oil and gas, power and water, renewables, and infrastructure.

Faisal Al-Hamad

CEO - Global Wealth Management

Mohammad Kharafi

COO, Head of Operations and Information Technology

Sujit Ronghe

Group CFO

Past deals in Kuwait

UPayments

Acquisition in 2024
UPayments is a SaaS company based in Kuwait that specializes in providing a digital payment service platform designed to simplify financial transactions for businesses. Founded in 2016, UPayments offers a mobile app that features an integrated control panel, allowing users to manage invoices and access detailed financial reports. The platform adheres to updated compliance standards and incorporates bank-level security, ensuring a secure environment for online transactions. By offering a variety of payment alternatives, UPayments enables businesses and entrepreneurs to make informed decisions and adapt to their financial needs effectively.
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