Financial and Banking News


NBK Signs World Bank Issue

The KD30mn bond issue for the World Bank which was launched by the National Bank of Kuwait (NBK) has been successfully signed after receiving a favorable response from investors. The issue was quickly oversubscribed by a group of Kuwait- related co-managers and was signed in London on 11 July. Led by NBK and co-led by Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC) and Kuwait International...