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Sun 1 Oct 2006 12:00 AM

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NBK Capital Enters Turkey

Kuwaiti bank grows investment banking footprint

NBK Capital, the investment and merchant banking subsidiary of National Bank of Kuwait (NBK) has opened of an office in Turkey.

Ahmet Tataroglu has been appointed country manager The Move is in line with NBK Capital’s ongoing expansion across the Arabian Gulf and the Middle East.

The office in Istanbul marks the fourth regional operation for NBK Capital to open in less than a year of operations.

Tataroglu joins a growing team of over forty professionals located around the Middle East.

“We are pleased to be opening NBK Capital’s fourth office in Istanbul where we see tremendous growth opportunities in both M&A advisory and private equity, which is in line with our focused business approach,” said George Nasra, CEO and board member, NBK Capital.

“We believe that NBK Capital will be well positioned to provide clients in the Gulf and Middle East region with the very best financial advisory services in the market.

NBK Capital is the investment and merchant banking subsidiary of National Bank of Kuwait.

Established in July, 2005, NBK Capital focuses on four principal lines of business, which include financial advisory, debt, equity capital markets and private equity.

“We are delighted to welcome Mr. Tataroglu to the NBK Capital team.

His breadth of experience and knowledge in M&A advisory, privatisation and capital markets with international consulting firms in Istanbul will help to fuel NBK Capital’s success as we seek to fulfil our mission to become the financial advisory firm of choice to business leaders and entrepreneurs seeking to build great and enduring companies across the GCC and Middle East,” said Nasra.

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