Annual Report and Accounts 2004 - National Bank of Kuwait

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His Highness Sheikh JaberAl-Ahmad Al-Jaber Al-SabahEmir of the State of KuwaitHis Highness Sheikh SaadAl-Abdullah Al-Salem Al-SabahCrown Prince of theState of KuwaitHis Excellency Sheikh SabahAl-Ahmad Al-Jaber Al-SabahPrime Minister of theState of KuwaitContents2 Board of Directors4 Chairman’s Message8 Review of Activities26 Economic Developments in Kuwait31 Financial Statements and Auditors’ Report56 Group Directory
OUR VISIONTO BE THE PREMIER ARAB BANKTO ACHIEVE CONSISTENTLY SUPERIOR RETURNS FOR OUR SHAREHOLDERSTO DELIVER WORLD CLASS PRODUCTS AND SERVICES TO OUR CUSTOMERSTO INVEST IN PEOPLETO BENEFIT THE COMMUNITIES IN WHICH WE OPERATEDURING 2004, NBK HAD AN OUTSTANDING PERFORMANCE AT ALL LEVELS, AS WESTEPPED UP OUR EFFORTS TO BE RESPONSIVE AND AGILE IN MEETING CUSTOMERNEEDS WITH APPROPRIATE SOLUTIONS. WE ALSO MADE IMPORTANT STRIDESTOWARDS IMPLEMENTING OUR REGIONAL EXPANSION STRATEGY BY EXTENDINGOUR INTERNATIONAL NETWORK TO QATAR AND JORDAN AND SHORTLY TO SAUDIARABIA AND IRAQ.1
Page 1: Annual Report and Accounts 2004
Page 5 and 6: 11 Mohammed Abdul Rahman Al-BaharCh
Page 7 and 8: Our standing in the region is well
Page 9 and 10: Open and agileIn last year’s repo
Page 11 and 12: services offered through a complete
Page 13 and 14: OFFERING THE WIDEST RANGE OF PRODUC
Page 15 and 16: NBK IS THE UNDISPUTED LEADER IN THE
Page 17 and 18: The Bank’s market edge is enhance
Page 19 and 20: THE EXPERTISE AND PLACEMENT POWER T
Page 21 and 22: NBK was also a pioneer when it intr
Page 23 and 24: NBK IS DISTINGUISHED AMONG KUWAITI
Page 25 and 26: Treasury‘Best Foreign Exchange Ba
Page 27 and 28: OUR CONTINUED SUPPORT FOR THE SPECI
Page 29 and 30: Oil sector and public financesKuwai
Page 31 and 32: Credit growth moderated somewhat du

Annual Report and Accounts 2004 - National Bank of Kuwait

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