NBK named Best Trade Finance Bank in Kuwait for 2022

National Bank of Kuwait (NBK) was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global Trade Review (GTR), a magazine specializing in global emerging markets and trade, commodity finance and transaction banking.

GTR selected NBK as one of the leading banks in the Middle East and North Africa (MENA) region in the trade finance sector, based on customer and market-specialized institution surveys conducted around the world.



The GTR Leaders in Trade awards recognize excellence in the trade, commodity, supply chain and export financing, and well as FinTech markets.

By receiving this award, NBK demonstrates its leadership in financing mega deals and projects, benefiting from its strong balance sheet, extensive experience, in addition to the exceptional and sustainable relations with its clients both locally and internationally.

Read more: https://ngulminthanglhanghal.mystrikingly.com/blog/nbk-named-best-trade-finance-bank-in-kuwait-for-2022

Comments

Post a Comment

Popular posts from this blog

MonetaGo delivers milestones in strategy for trade finance de-duplication in India

Image
Four years after commencing a mission to prevent duplicate financing of invoices in India, MonetaGo underlines major progress in delivering on its commitments, including transforming the speed and transparency of invoice financing and unlocking the value of disparate information spread across multiple organisations and data silos. The service was launched in partnership with three trade receivables finance exchanges licensed under the Reserve Bank of India-supported Trade Receivables Discounting System (TReDS), that allows SMEs to auction their trade receivables from corporate customers on each of the receivables finance exchanges’ digital platform, MonetaGo implemented its Secure Financing system in India in March 2018. “Each exchange needed to be able to identify whether an invoice had been financed by their competitors, but for commercial reasons needed a solution that kept customer information private,” said Jesse Chenard, founder and CEO of MonetaGo. “MonetaGo’s solution enabled t...
Read more

ING announces shake-up of Swiss commodity finance offering

Image
  ING’s Swiss unit has announced a reshuffle of its trade and commodity finance (TCF) business, dividing its portfolio between global trading house clients and those requiring specialised lending.   The bank’s Geneva-based branch will serve larger commodity finance clients through its Swiss global merchants groups unit, headed by Patrick Arnaud. The unit will focus on traders with a multi-location and multi-product strategy.   The other unit, called transactional commodity finance, is led by François Broussard and targets clients where relationships are rooted in specialised lending, including product and technical sector expertise.   Trade heads Arnaud and Broussard report to Maarten Koning, global head of trade and commodity finance, and both also join the management committee of ING in Switzerland.    Arnaud joined ING in 2007, and has been a director in its TCF energy and metals team since 2016. He was most recently in charge of its large trader desk....
Read more

Exberry appoints Guy Melamed as the new Chief Executive

Image
 Exberry has announced that Guy Melamed has joined as CEO to accelerate its growth as it enters new marketplaces around the world. Exberry’s cloud-native technology delivers an exchange matching engine that is easy to integrate, designed as a “Marketplace-as-a-Service” concept, allowing their users to reap the benefits of an exchange-grade trading solution. “Exberry has the potential to change the whole infrastructure of the financial world”, noted Melamed. “The technology will drive revolutionary change in the market, enabling the secure trading of digital assets. The solution can be extrapolated into so many industries and be used to quickly build scalable and flexible architectures that are significantly cheaper to implement.” Read more: https://ibsintelligence.com/exberry-appoints-guy-melamed-as-the-new-chief-executive
Read more