Historically, Kuwait has played a major role in regional debt markets. The country has been the source of bond issuances of various sorts and sizes since the 1960s, making it one of the oldest bond markets in the GCC. Through the early and mid-2000s the nation’s domestic debt market grew steadily, driven primarily by government-issued debt offerings...
Despite the challenging economic environment and ongoing slow demand for credit in the region, Kuwait’s banks saw a slight increase in loan issuance over the course of 2012. According to data from the National Bank of Kuwait (NBK) – the country’s largest bank by assets – by the end of 2012 credit growth had risen by around 5% year-on-year, up from...
NBK price & index relative performance NBK market ratios THE COMPANY: A leader in the local banking industry, the National Bank of Kuwait (NBK) was established in 1952 as the first local and national bank. NBK is the largest financial institution in Kuwait with total assets of KD16.4bn ($58.5bn) and enjoys the status of having the largest market...
Mabanee price & index relative performance Mabanee market ratios THE COMPANY:Mabanee is a shareholding real estate firm widely known for owning The Avenues shopping mall. It was listed on the Kuwait Stock Exchange in late 1999 and is currently the largest real estate company, with a market capitalisation of $2.7bn, representing around 32% of the...
GIG price & index relative performance Gulf Insurance Group market ratios THE COMPANY: Gulf Insurance Group (GIG) was established in 1962 as a Kuwaiti shareholding company and is listed on the Kuwait Stock Exchange with a market capitalisation of $330m. GIG is a market leader in Kuwait in terms of premiums written, both in life and nonlife. GIG...
BURGAN market ratios THE COMPANY: Burgan Bank, a subsidiary of Kuwait Projects (KIPCO), is a Kuwait-based commercial bank with a regional presence in seven countries, incorporated in 1975 and engaged in the provision of banking and investment services to individuals and corporations. Burgan was listed on the Kuwaiti Bourse in 1984 with a current...
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