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National Bank of Kuwait (NBK) has been named “The Best Bank in the Middle East for 2008” by the renowned “The Banker”, an affiliate of the International Financial Corporation, at a special ceremony recently held in London to award best bank worldwide.

Winning this prestigious reward is another testament to the leading position NBK enjoys region wise. NBK has been considered the best bank in Kuwait and the highest rated in the Middle East.

While receiving the award on behalf of NBK, NBK Group Chief Executive Officer Ibrahim Dabdoub has expressed his appreciation & gratitude for the support rendered by the bank’s shareholders, board of the directors & employees throughout the past years, which has been crowned with this remarkable achievement.

Dabdoub said that the winning of this versatile award on the domestic and regional levels emphasizes NBK’s strong leadership among Arab banks, and demonstrates its remarkable banking and financial solid position as well as its strong financial competitive capabilities.

"NBK is yet to reveal new accomplishments and developments in its strategy to reinforce its prominent position in local and regional markets", Dabdoub added.

Dabdoub said: “NBK is one of the largest and most profitable banks in the Middle East that has become a strong competitor to international financial titans by continuously expanding through the region and beyond, and by taking full advantage of the improved economic environment and diversifying its revenue sources as well as continually upgrading its complete range of products in response to the needs of its customers. NBK has indeed become “the bank of choice” for a vast group of individuals & enterprises domestically, regionally, and globally”.

NBK is distinguished among Arab banks by its comprehensive network branches, subsidiaries and representative offices in London, Paris New York, Turkey, China, Vietnam, Singapore Qatar, Lebanon, Jordan, UAE, Bahrain, Iraq and Saudi Arabia.

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