VOL. XLI

No. 44

2-November-1998

KUWAIT

NBK Reduces Costs Through Technology

At the National Bank of Kuwait (NBK), the percentage of branchtransactions has declined with strong growth coming from telephone banking, ATMs, pointsof sale (POS), and PC/Internet banking, said NBKs Chief General Manager, Mr. IbrahimDabdoub, at the 4th GCC Banking Conference held in Qatar. However, Mr. Dabdoub explained,the number of retail transactions continues to grow, and based on transactions costs thereis still a...