Investor Presentaiton
NBK is Kuwait's leading banking group
الوطني
NBK
Snapshot
Established in 1952 as the first local and home-grown GCC bank, and
first shareholding company in Kuwait
USD million
"
Financial snapshot
2017
2018
2019
Background
Ownership
Operations
The leading banking group in Kuwait in terms of assets, customer
deposits and customer loans and advances
More than 30% market share of assets in Kuwait
Ranked amongst the 50 safest banks in the world by Global Finance,
named the most valuable banking brand in Kuwait, and top 10 bank in
the region by Brand Finance
Established by a group of leading Kuwaiti merchants, NBK has
retained the same core shareholder base since its inception
NBK's shares are listed on the Kuwait Stock Exchange since 1984 with
only one shareholder holding owning more than 5% of the Bank's
share capital (PIFSS owns 5.60% as of January 2020)
NBK's market capitalisation at 31 December 2019 was USD 22.8 bn.
The Bank's core businesses are (i) consumer and private banking, (ii)
corporate banking, (iii) Islamic banking and (iv) investment banking
and asset management
The Bank operates across 15 countries with a predominant focus on
the MENA region.
Total Assets
85,909
90,506
96,587
Loans, advances & Islamic
financing
47,855
51,158
54,620
Customer Deposits
45,470
47,480
52,567
Total Equity
11,751
12,214
14,054
Net Operating Income
2,715
2,914
2,955
Net Profit attributable
1,064
1,223
1,324
Cost to Income (%)
32.3%
31.3%
34.0%
Net Interest Margin (%)
2.61%
2.69%
2.56%
NPL Ratio (%)
1.42%
1.38%
1.10%
Credit Ratings
Loan Loss Coverage Ratio (%)
287.5%
228.1%
272.2%
Rating Agency
Long Term Rating
Standalone Rating
Outlook
Return on Average Equity (%)
10.8%
12.0%
12.3%
MOODY'S
Under
Aa3
a3
Review
STANDARD
Tier 1 Ratio (%)
15.8%
15.3%
15.9%
& POOR'S
A
a-
Stable
Fitch Ratings
Capital Adequacy Ratio (%)
17.8%
17.2%
17.8%
AA-
a-
Stable
Notes: Through out the investor presentation, the USD/KD exchange rate used is for year-end figures is .30305 and .30855 for quarterly figures. The rate is based on the Central Bank of Kuwait's closing exchange
rates as of 31/12/2019 and 31/3/2020.
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