Key Developments: National Bank of Kuwait SAK (NBKK.KW)

NBKK.KW on Kuwait Stock Exchange

820.00KWf
18 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Fitch affirms National Bank of Kuwait SAK rating
Monday, 24 Nov 2014 12:39am EST 

National Bank of Kuwait SAK:Says that Fitch Ratings has affirmed its long-term issuer default rating at "AA-".  Full Article

National Bank of Kuwait SAK sells 30 percent stake in International Bank of Qatar
Thursday, 2 Oct 2014 01:44am EDT 

National Bank of Kuwait SAK:Announces that it has sold 30 pct stake in International Bank of Qatar for 155 million Kuwaiti dinars.  Full Article

National Bank of Kuwait SAK appoints chairman
Tuesday, 19 Aug 2014 06:07am EDT 

National Bank of Kuwait SAK:Appoints Naser Musaed Abdullah Al Sayer, as the company's chairman for the remaining period from 2013 up to 2015.  Full Article

Moody's Ratings reaffirms National Bank of Kuwait SAK ratings
Thursday, 17 Apr 2014 05:42am EDT 

National Bank of Kuwait SAK:Announces that Moody's Ratings has reaffirmed Long-term Deposits rating at "AA3', Short-term Deposits rating at "Primes -1", Bank's financial strength at "C", which is equivalent to "A3" for the primary credit assessment with a Stable Outlook.  Full Article

National Bank of Kuwait SAK appoints new Chief Executive Officer
Sunday, 16 Feb 2014 07:00pm EST 

National Bank of Kuwait SAK:Says it has appointed Issam Jasem Al Saqr, as the company's new Chief Executive Officer, on Feb. 17.  Full Article

National Bank of Kuwait SAK recommends 30 percent cash dividends and 5 percent bonus shares for FY 2013
Wednesday, 22 Jan 2014 05:16am EST 

National Bank of Kuwait SAK:Says that its board of directors has recommended the distribution of 30 percent cash dividends representing 0.030 kuwaiti dinar per share, and 5 percent bonus shares, equivalent to five shares for each 100 shares owned, for the fiscal year ending Dec. 31, 2013.  Full Article

Fitch Ratings affirms National Bank of Kuwait SAK ratings
Saturday, 18 Jan 2014 07:00pm EST 

National Bank of Kuwait SAK:Says that Fitch Ratings has affirmed Long-term Issuer Default Rating at "AA-", Short-Term Issuer Default Rating at "F1+" and Viability Rating at "a", with a Stable Outlook.  Full Article

National Bank of Kuwait SAK announces Chief Executive Officer retirement
Wednesday, 18 Dec 2013 06:30am EST 

National Bank of Kuwait SAK:Says that Ibrahim Shukri Dabdoub, the company's Chief Executive Officer, will retire after the company's next annual general meeting.  Full Article

National Bank of Kuwait SAK to Repurchase 10% of its Shares
Thursday, 14 Nov 2013 05:28am EST 

National Bank of Kuwait SAK announced that the Central Bank of Kuwait has approved the Company's request to buy back 10% of its shares within a six-month period, starting from November 23, 2011.  Full Article

Moody’s Ratings Reaffirms National Bank of Kuwait SAK Ratings
Saturday, 26 Oct 2013 08:00pm EDT 

National Bank of Kuwait SAK announced that Moody's Ratings has reaffirmed Long-term Deposits rating at "AA3', Short-term Deposits rating at "Primes -1", Bank's financial strength at "C", which is equivalent to "A3" for the primary credit assessment with a Stable Outlook.  Full Article

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