VOL. XLII
No. 24
14-June-1999
KUWAIT
Swiss Federal Banking Commission Approves NBK BankingLicense
The National Bank of Kuwait (NBK) announced on 6 June thatthe Swiss Federal Banking Commission had approved the upgrading of the banksinvestment company (NBK Finance SA) license to a full banking license. In apress release from the bank, NBKs CEO, Mr. Ibrahim Shukri Dabdub, attributedthe granting of the license to "our good reputation, professionalexpertise and excellent track record," saying that...
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