National Bank of Kuwait Has Huge Capital, Equity Base, Deputy CEO Says

The transcript discusses MBK's financial performance, highlighting a 14.3% profit growth driven by core banking and diversified operations. The balance sheet is strong, supported by provisions for market uncertainties. Kuwait's development projects offer growth opportunities. MBK maintains a conservative capital strategy, focusing on growth and potential dividend increases. Future capital raising is considered, with MBK's strong market reputation and high ratings.

What are the key factors contributing to the health of the banking sector in Kuwait?

What is MBK's strategy regarding capital build and dividends?

What is the significance of the capital raised by MBK in the bond market?