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National bank of Kuwait (NBK)
National bank of Kuwait (NBK) was the first national bank in Kuwait and the entire Arabian Gulf region established in 1952. All the board members and the founders of NBK were renowned merchants of Kuwaiti origin. NBK was established with a capital of 13,100 shares, each valued 1,000 Indian rupees – equivalent to 75 Kuwaiti dinars today. Over the years NBK has proved itself to be a financial leader in the Arab world.
Read moreWeather Forecast in Kuwait
Kuwait 's climate lies in the Arabian Gulf, with hot summers and cool winters. Temperatures are coolest around December and March while northerly winds prevail.
Read moreLiving Expenses in Kuwait
The cost of living in Kuwait to an average West expatriate is more or less equal to that of most European nations. The average cost of living index of Kuwait City is equivalent to that of middle cost living locations.
Read moreTop Banks in Kuwait
Currently, Kuwait has 11 local banks including 5 Islamic banks, all of which are supervised by the Kuwait Central Bank to preserve Kuwaiti Dinar's stability, and it also acts as the Kuwait Government's financial advisor and banker. In addition, MNC's like HSBC, Citi-group etc. also work within Kuwait's banking division.
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