Profile
The National Bank of Kuwait (NBK) acquisition of Al Watany Bank of Egypt (AWB) in 2007 was a strategic alliance with exceptional capabilities and resources that provided the Bank with unique access to the region’s most vibrant segments in an increasingly competitive banking environment.
Since the acquisition the Bank has been dedicated to building a sustainable energetic future for clients and corporations operating in Egypt and the Middle East.
In addition to that, NBK Egypt managed to secure loans for thousands of big and small investors and institutional clients, a fact reflected in its increasing performing loan portfolio.
Based in Egypt, with a large branch network across the country, we understand entirely the challenging needs of individuals and aspiring businesses, and the change involved to remain one step ahead in today’s rapidly evolving markets.
NBK Egypt has been known as ‘The Bank You Know And Trust’. Thanks to the recognized excellence of its very stable management along with its unequivocal strategy, consistent profitability, high asset quality and strong capitalization, NBK Egypt, throughout the years, succeeded in building an advanced banking institution that offers a full spectrum of innovative and unrivalled financial and investment services and solutions to individuals, corporate and institutional clients.
Vision & Mission
Our Vision
The NBK vision is to be the trusted bank of choice, building on our core values, people and expertise.
Our Mission
To deliver world-class products and the highest quality service to our customers.
To attract, develop and retain the best banking talent in the region.
To support the communities in which we operate.
To adhere to our core values of passion, integrity, conservatism and knowledge.
In following our mission, we believe that we will be able to achieve consistently superior returns to our shareholders.
History
In 2007, Egypt witnessed substantial economic growth accompanied by a significant change in the business environment. The implementation of structural frameworks, and the rapid flow of foreign investments led to remarkable Egyptian economic prosperity and contributed to attracting a large number of international and regional financial institutions to operate in Egypt. In light of these favorable conditions, National Bank of Kuwait, one of the top rated banks in the middle east according to the international rating agencies, concluded the acquisition of Al Watany Bank of Egypt (AWB), thereby launching its operations for the first time in Egypt, marking a new turn in its regional expansion strategy.
Al Watany Bank of Egypt (AWB) was established in 1980, based on the long-term vision of several reputable Egyptian businessmen, under the Law No. (93) of 1974. At the time of the acquisition, Al Watany Bank of Egypt (AWB) was successfully progressing and making steady steps in the promising economy that the country was through at that time, and gradually began to gain a good reputation as a leading bank in the field of banking services provided to SMEs in the market. After the acquisition, Al Watany Bank of Egypt (AWB) kept its name by adding “a subsidiary of NBK Group” to the bank’s slogan. This name continued until the first half of 2014 when it was finally changed to National Bank of Kuwait-Egypt.
In 2008, the capital of National Bank of Kuwait – Egypt was increased to one billion Egyptian Pounds. At the time of the acquisition, the total number of branches of Al Watany Bank of Egypt (AWB) was 24, and soon after a strategic expansion plan, it increased the number of branches to 53 in 2022, expanding in strategic locations at the most vital areas in the Country, including Cairo, Giza, Alexandria, Mansoura, Damietta, Port Said, Assiut and Sohag.
In 2021, the paid-in capital of National Bank of Kuwait - Egypt was increased to five billion Egyptian Pounds, pursuant to Article (64) of Law No. (194) of 2020 on the Central Bank of Egypt and The Banking Sector.
Board Of Directors
![](/dam/jcr:70be3ae0-8621-4a35-966e-e1436806182a/Management%20315x215-Shaikha.jpg)
Mrs. Shaikha K. Al-Bahar
Chairman (Non - Executive)![](/dam/jcr:fd982d80-45ff-4572-b0ae-7b884436b397/Yasser-ElTayeb.jpg)
Mr. Yasser Abd El-Koddous El-Tayeb
Vice Chairman, CEO & Managing Director (Executive)![](/dam/jcr:aa45d8f5-b0e6-4aea-bc73-9ffd7b0a47a9/Walid%20Gamal%20El%20Din%20El%20Seyoufi.jpg)
Mr. Walid Gamal El Din El Seyoufi
Deputy Managing Director (Executive)![](/dam/jcr:3d576ab0-ef47-459b-882d-1149d0e1ffcb/Management%20315x215-Sulaiman.jpg)
Mr. Sulaiman Barrak Al-Marzouq
Board Member (Non - Executive)![](/dam/jcr:6a860597-010a-4cc6-8ed3-1eb9c7e50ac3/Management%20315x215-Omar.jpg)
Mr. Omar Bouhadiba
Board Member (Non - Executive)![](/dam/jcr:78eb259f-8025-43ba-bdc3-e77c44ab0181/EgyptManagement-AbdulAmir-Fadel.jpg)
Mr. Abdulamir Kahtan Fadel
Board Member (Non - Executive)![](/dam/jcr:bea14bef-773a-4a96-aff9-bc7046fc2dff/Khaled-Serry.jpg)
Dr. Khaled Serry Seyam
Independent Board Member (Non - Executive)![](/dam/jcr:72936d86-abc9-4668-97b0-a817a83d4df4/Eng%20Ahmed%20Abo%20Doma.jpg)
Eng. Ahmed Abdelsalam Abdelrahman Aboudoma
Independent Board Member (Non - Executive)![](/dam/jcr:b12dd160-3b93-4be0-8fdf-d075f2e22733/Rasha%20Al-Roomi.png)
Mrs. Rasha Alroomi
Independent Board Member (Non - Executive)Executive Management
![](/dam/jcr:fd982d80-45ff-4572-b0ae-7b884436b397/Yasser-ElTayeb.jpg)
Mr. Yasser Abd El-Koddous El-Tayeb
Vice Chairman, CEO & Managing Director![](/dam/jcr:aa45d8f5-b0e6-4aea-bc73-9ffd7b0a47a9/Walid%20Gamal%20El%20Din%20El%20Seyoufi.jpg)
Mr. Walid Gamal El Din El Seyoufi
Deputy Managing Director![](/dam/jcr:a0158257-9f5d-46ff-aa9d-a46141f1368c/Amr-ElAlfy.jpg)
Mr. Amr El Alfy
Chief Business Officer![](/dam/jcr:44383577-2b04-479a-b276-d68e2b5d5fc7/Tarek-AboulNaga.jpg)
Mr. Tarek Abou ElNaga
Chief Operations Officer![](/dam/jcr:5ac63ae7-6168-4c33-b599-85719a59c840/haitham-farouk.jpg)
Mr. Haitham Farouk
Chief Risk Officer![](/dam/jcr:c8187965-46ad-482d-bbdf-f51a121f02a5/Hanan-Thabet.jpg)
Ms. Hanan Thabet
Head of Human Resources![](/dam/jcr:94b9c6f2-37e8-4d9e-8c85-f83bc3a4807e/Maged-Omar.jpg)
Mr. Maged Omar
Head of Treasury![](/dam/jcr:2dc46d7c-51ba-4645-9bf3-c1dc4bd45d6c/Mohamed%2520Rashad%2520.jpg)
Mr. Mohamed Rashad
Chief Internal Auditor![](/dam/jcr:dad4693a-4a71-464f-9867-74e644a787ad/Karim-Kamal.jpg)
Mr. Karim Kamal
Head of Supporting Functions, Sustainability & Sustainable Finance Divisions![](/dam/jcr:b12c03bb-a296-4ef2-bdd8-5a060c7930d9/Ahmed_Youssef.jpg)
Mr. Ahmed Youssef
Head of Consumer Banking, Digital Banking & Financial Inclusion![](/dam/jcr:fcbac276-5caf-4493-a1c2-cabb5be11298/Hussien%20El%20Godey.jpg)
Mr. Hussien El Godey
Chief Financial Officer![](/dam/jcr:8aab62c2-2895-4c9f-b27f-b21b574f7fe2/walid-othman.jpg)
Mr. Waleed Othman
Head of Legal Division![](/dam/jcr:c4f52bc6-1c9a-4965-8e0c-2dfd7044ed4a/Mohamed-Kerdany.jpg)
Mr. Mohamed El Kerdany
Head of Islamic Finance![](/dam/jcr:f28666dc-40f5-4380-aa90-dc651a11b6ba/Walid-Nokrashy.jpg)
Mr. Walid El Nokrashy
Head of Information TechnologyAwards & Recognition
BANK LEVEL
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2014 - 2024
Best Bank in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2024
Best Bank for ESG-Related Loans in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2013 - 2024
Best Foreign Exchange Provider in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2009 - 2018, 2020 - 2024
Best Trade Finance Bank in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best User Experience (UX) Design - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best Innovation and Transformation - Global
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best Innovation and Transformation - Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best Innovation and Transformation - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022 - 2024
Best SME Bank Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021, 2023
Best in Social Media Marketing and Services - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2018, 2021 - 2023
Best Mobile Banking App - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022, 2023
Best Mobile Banking App - ME
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2023
Best Bill Payment & Presentment - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2023
Best Online Product Offerings - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2023
Best Online Product Offerings - Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2018 - 2023
Best Consumer Digital Bank in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2020 - 2023
Best Consumer Digital Bank in Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Top Innovations in Finance
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best Private Bank Sustainable Investing in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2023
Best Financial Innovation Labs in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2019, 2023
Best Bank for Cash Management in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2013 - 2017, 2019 - 2021, 2023
Best Foreign Exchange Provider in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best in Lending - ME
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Outstanding Innovation in Mobile Banking - Weyay
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best Bank for Sustainable Finance in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Most Innovative Private Bank Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2022
Most Innovative Digital Bank - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2022
Most Innovative Digital Bank - Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2022
Best in Lending - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2015 - 2022
Best Private Banking in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2020 - 2021
World’s Top 50 Safest Commercial Banks
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2019
Best Bank for Liquidity Management in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2019
Best Emerging Markets Bank Worldwide
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2019
The Innovators - Real Time End-To-End Payment Tracking on Customer Payment
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2018 - 2019
Best in Mobile Banking - Consumer in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2006 - 2019
World’s Top 50 Safest Banks for 14 consecutive times
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2016
Best Bank for Financial Risk Management Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2016
Best Bank for Financial Risk Management Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2016
Best Innovator in Trade Finance
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2010 - 2016
Best Emerging Market Bank in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2015
Best Bank in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2010 - 2013, 2015
Best Emerging Market Bank in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2011 - 2012
Best Provider of Money Markets Fund in the Middle East
Euro Money
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2024
Best Bank for SMEs in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022, 2024
Best Bank for Diversity & Inclusion in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2018, 2023
Best Cash Management for Non-Financial Institutions in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best Bank for Corporate Responsibility in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best Bank for Digital Solutions in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best Bank for ESG in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best Private Bank/Technology: Innovative or Emerging Technology Adoption in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best Private Bank/Wealth Manager for Mass/Super Affluent Clients in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best Private Bank/Wealth Manager for Ultra High Net worth Clients in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
1994 - 2018, 2021
Best Bank in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2006, 2009, 2015 - 2018
Best Private Banking in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2012 - 2013
Best Managed Company in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2007 - 2008, 2010 - 2011, 2013
Best Bank in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2009
Best Investment Bank in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2008
Outstanding Contribution to Middle East Banking
The Banker
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2007 - 2008, 2010 - 2011, 2013 - 2019, 2021, 2022
Bank of The Year - Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2007 - 2008, 2010 - 2011, 2022
Bank of The Year - Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021
Innovation in Digital Banking Award - Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2009
Best Customer Service and Project Finance in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2007 - 2009
Best Deal of the Year in the Middle East
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2001 - 2002, 2004 - 2005, 2007
Best Deal of the Year in Kuwait
Brand Finance
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2015 - 2024
Number 1 Banking Brand in Kuwait
MEED
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2024
Best Innovation Programme
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2024
Excellence in Sustainable Investment
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021 - 2024
Best Retail Bank in Kuwait
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best Initiative for Women in Business
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Best Implementation of Diversity & Inclusion Initiatives
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2023
Excellence in Service - Priority Banking
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022, 2023
Best Youth Program Initiative
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2022
Best Credit Card Initiative in MENA
![](/.resources/nbk-theme/images/timeline-circle-blue.png)
2021
Best Loyalty/Rewards Programme Middle East