“NBK’s capital strength, strong asset quality and good liquidity should enable it to deploy its balance sheet quickly to capture growth”, said Deutsche Bank in its initiation of coverage on National Bank of Kuwait (NBK) with a Hold recommendation.
The report stressed that, “NBK is outstanding in the domestic context, with leading market shares, strong asset quality and coverage ratios. NBK has also stellar reputation amongst its clients and competitors alike.” ……………………………………….Full Article: Source