THE MIDDLE EAST’S

19. National Bank of Kuwait (NBK Group)

Country: Kuwait
Sector: Banks & Financial Services
Vice Chairman & Group CEO: Isam Jasem Al-Sager
Market Value: $27.3 billion

Established in 1952, the NBK Group operates 142 branches across 13 countries. NBK’s total assets reached $149.4 billion in 2025. In November 2025, NBK and Kuwait Finance House (KFH) co-led a $4.9 billion credit facility agreement for Kuwait Petroleum Corporation (KPC), the largest KD-denominated deal of its kind, with NBK contributing $1.6 billion. In July 2025, the bank issued an $800 million Additional Tier 1 bond.