kuwait banking Association Competitors

Emirates NBD is a leading banking group in the Middle East, North Africa and Türkiye (MENAT), committed to helping individuals, businesses and communities thrive by creating opportunities to prosper, driving sustainable banking and championing financial wellness and inclusion. With operations across 13 countries including the UAE, Saudi Arabia, India, Egypt, Türkiye, Singapore, the UK, Austria, Germany, Russia and Bahrain, and representative offices in China and Indonesia, we serve over 9 million customers through a team of 30,000+ employees representing over 90 nationalities. ----------------------------------------------------------- Specialties: Retail Banking • Private Banking • Wealth Management • Corporate Banking • Business Banking • Investment Banking • Treasury • Asset Management • Brokerage • Islamic Banking • Digital Banking • Payments • Trade Finance • Cash Management • Sustainable Finance • Financial Markets

We’re Rakbank. Banking should feel simple. Human. Helpful. So that’s the kind we build. Since 1976, we’ve been helping people and businesses across the UAE grow with confidence, giving them the tools, the support, and the trust to make things happen. We started as a community bank and grew into one of the country’s most dynamic financial institutions. What’s never changed is our belief that banking should work for people, not the other way around. Today, we’re leading a new chapter, one that combines smart digital innovation with genuine human connection. We call it digital with a human touch. We serve customers across every segment through our Personal Banking Group (PBG), Business Banking Group (BBG), and Wholesale Banking Group (WBG). As the UAE’s go-to SME bank, we’re helping thousands of businesses grow and thrive with seamless, digital-first banking. Our group also includes Skiply, the region’s leading school payments app; Protego, our next-generation insurance aggregator; and RAK Insurance, one of the UAE’s most trusted insurers, together creating an ecosystem that makes life simpler and safer for our customers. From empowering entrepreneurs and SMEs to launching the UAE’s first crypto brokerage for retail customers and our own AI-powered digital assistant, we’re shaping the future of banking while keeping the heart of it the same: people. Rakbank - Digital With a Human Touch.

In 2007, National Bank of Kuwait (NBK) - the best bank in the Middle East and highest rated by international rating agencies - acquired AWB to start operations in Egypt for the first time, which marks a new milestone in the regional expansion of NBK. After the acquisition in 2007 NBK kept the bank’s name as AWB, only adding “A Subsidiary of NBK Group” to the logo, until mid-2014 when the bank name and logo changed to NBK. When the bank was acquired by NBK its number of branches was 24, soon after the acquisition NBK adopted a strategic expansion plan which increased the number of branches to reach 52 branches and a total number of 150 ATMs in 2020, which are all strategically located in the most vibrant spots across the country, from Cairo and Alexandria, to Giza, Mansoura and Sohag. Since the acquisition, the bank 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