Over the past half decade the government has introduced a raft of new laws and regulations for its capital markets. The long-term goal is to overhaul and update numerous aspects of the country’s investment industry, from the operation of the Kuwait Stock Exchange (KSE) to the risk management policies currently in place at listed companies. As of the...
In recent years, Kuwait-based banks have faced a number of challenges, including a conservative regulatory environment and relatively slow economic expansion since the international financial downturn. With this in mind, and in an effort to shore up long-term growth prospects, many local financial institutions have invested heavily in international...
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...
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