VOL. XLVI

No 49

8-December-2003

REGIONAL BANKING

NBK To Offer Money Transfer Services To Iraq

National Bank of Kuwait (NBK) announced on 30 November that it would start to offer money transfer services to Iraq in US dollars or Iraqi dinars through all of its branches in Kuwait. All of NBKs customers can make use of this service and transfer money to major Iraqi cities such as Baghdad, Basra and Mosul. NBK was also part of a consortium led by US bank JP Morgan selected by the Coalition Provisional...