Saturday, 22 November 2008 | 13:53 UAE time
COMPANIES
Commercial Bank of Kuwait
- 1.28 Last
- 0.00 (0.00%) Today's Change
- 620,000 Volume
- 1.12-1.72 52 Week Range
- -0.10 (-7.25%) 52 Week Change
COMPANY DESCRIPTION
Kuwaiti lender Commercial Bank of Kuwait (CBK) is a full-service bank with activities offered in corporate, personal, and investment banking. CBK operates 52 branches across Kuwait and has launched operations in Iraq.Publicly listed on Kuwait Stock Exchange in September 29, 1984, CBK has expanded its investment portfolio by investing in several financial services companies in Kuwait, Syria, and Bahrain.
The bank commenced operations in 1961 and is the third largest Kuwaiti commercial bank in terms of assets. The lender announced a record net profit for the first quarter of USD 128.4 million, an increase of 22% on the same period of 2007.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Commodity Brokers, Investment Banks, Investment Funds, Stock Brokers
Address
Mubarak Al Kabir Street, Souk Al Maseel, 2861, Kuwait City, Kuwait
T
965 2438190
F
965 2404826
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 19 Jun 1960 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Al Sharq Holding | Kuwait |
PORTFOLIO
| Name | Country |
|---|---|
| Al Dana Investment Company | Kuwait |
| Al Safat Takaful Insurance Company | Kuwait |
| Al Soor Financing & Leasing Company | Kuwait |
| Al Tijara Investment Company | Kuwait |
| Cham Bank | Syria |
| Credit Information Network Company | Kuwait |
| First Hotels Company | Kuwait |
| Gulf Custody Company | Kuwait |
| Gulf Holding Company | Kuwait |
| Industrial Bank of Kuwait | Kuwait |
| Kuwait Catalyst Company | Kuwait |
| Kuwait Clearing Company | Kuwait |
| Kuwait Resorts Company | Kuwait |
| Rasameel Structured Finance Company | Kuwait |
| Shared Electronic Banking Services Company | Kuwait |
| Union Securities Brokerage Company | Kuwait |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Abdulmajeed Haji Al Shatti | Chairman |
| Abdul Razzak Khaled Al Wazzan | Deputy Chairman |
| Khalid Ibrahim Al Raqum | Board Member |
| Abdul Fatah Mohammad Rafie Marafie | Board Member |
| Sadek Ibrahim Marafie | Board Member |
| Ahmad Mohammed Al Mishari | Board Member |
| Fouad Ismail Dashti | Board Member |
| Fowzi Abdul Mohsen Al Ateeqi | Secretary of the Board |
| MANAGEMENT | Position |
| Jamal Abdul Hameed Al Mutawa | Chief Executive Officer |
| Ali Naser Al Mudaiheem | General Manager - Retail & Virtual Banking Division |
| Loai Fadel Abbas Mukamis | General Manager - Corporate Credits |
| Fawzia Ali Sultan | General Manager - Risk Management |
| Ibrahim Mousa Attia | General Manager - Private Banking |
| Fowzi Abdul Mohsen Al Ateeqi | General Manager - Investment Department |
| Nazir Yousef Saad | Chief Internal Auditor |
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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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