National Bank of Kuwait (International) plc

Incorporated in 1952, National Bank of Kuwait provides banking products and services to individuals, corporate and institutional clients mainly of the Gulf region.

Financials

Total Assets (2017)
3 025.05 mln USD  (+30.65%)
Annual Profit (2017)
4.89 mln USD  (-70.17%)

National Bank of Kuwait (International) plc is the 72nd largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 3 025,05 mln USD, providing the bank with the market share of 0.03%. In 2017 the bank's annual profit was 4,89 mln USD.

National Bank of Kuwait (International) plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

National Bank of Kuwait (International) plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Contacts

W1U 3QJ, WIH 5PB, London, United Kingdom
44 02072242277
44 02072242101
www.nbki.com

National Bank of Kuwait (International) plc is headquartered in London.

Bank Identifiers

MFI ID
GB1905
Company Number
02773743
Start Date
December 1992

Financial Positions

Total Assets (2017)
3 025.05 mln USD  (+30.65%)

In 2017 total assets of National Bank of Kuwait (International) plc were 3 025.05 mln USD. Growth compared to the previous period (2016) was 30.65%. The evolution of the total assets of National Bank of Kuwait (International) plc is shown at Chart 1 below.

Total Assets of National Bank of Kuwait (International) plc.

Chart 1. Total Assets of National Bank of Kuwait (International) plc.

Profit and Loss

Annual Profit (2017)
4.89 mln USD  (-70.17%)

In 2017 annual profit of National Bank of Kuwait (International) plc was 4.89 mln USD. Decline compared to the previous period (2016) was -70.17%. The evolution of the annual profit of National Bank of Kuwait (International) plc is shown at Chart 2 below.

Annual Profit of National Bank of Kuwait (International) plc.

Chart 2. Annual Profit of National Bank of Kuwait (International) plc.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
72nd (market share 0.03%)

In 2017 National Bank of Kuwait (International) plc was ranked the 72nd largest bank in the United Kingdom in terms of total assets, having 0.03% of the domestic market share.

Market share of National Bank of Kuwait (International) plc (among banks in the United Kingdom)

Chart 3. Market share of National Bank of Kuwait (International) plc (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to National Bank of Kuwait (International) plc are shown below.

RankNameTotal AssetsMarket Share
71 Cumberland Building Society2241.98 mln GBP0.03%
72 National Bank of Kuwait (International) plc3025.05 mln USD0.03%
73 Adam & Company plc2232.37 mln GBP0.03%
 

Credit Ratings (as of May 2018)

Fitch Moody's
AA- (very high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. National Bank of Kuwait (International) plc is rated by Fitch.

Credit ratings assigned to National Bank of Kuwait (International) plc as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for National Bank of Kuwait (International) plc it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for National Bank of Kuwait (International) plc is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  1
Support Rating Floor  -

Viability rating for National Bank of Kuwait (International) plc is not set support rating is 1 (extremely high probability of external support); support rating floor is not set.

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of National Bank of Kuwait (International) plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of National Bank of Kuwait (International) plc is shown in the table below.

MFI ID  GB1905

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  02773743

European Presence: 3 banks in 3 countries

National Bank of Kuwait (International) plc operates under the brand name National Bank of Kuwait. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Cayman Islands

France

United Kingdom

  •  (this bank) National Bank of Kuwait (International) plc (London)