Financial and Banking News


NBK Chief Calls for Better Arab Bank Management

In a hard-hitting address to a symposium held by the Union of Arab Banks in Paris on 26-27 March, the Chief General Manager of the National Bank of Kuwait (NBK), Mr. Ibrahim Dabdoub, called for more effective management by Arab banks and for the adoption of strategic planning as a "corporate culture rather than a corporate exercise." According to Mr. Dabdoub, the oil boom of the 1970s was...