Kuwait

1. What makes your country attractive to investors?

It is among the best performing equity markets in the world, with relatively cheap valuations compared with the region, and the opportunity to participate in the oil boom. It also has an independent and transparent legal system.

2. What are the economic prospects for your country over the next three to five years?

A strong medium-term outlook on the back of high oil prices, massive investment in infrastructure and projects, liquidity, confidence and liberalisation drive.

3. How do you foresee the financial sector in your country changing?

We see it becoming more open and competitive, with the entry of foreign banks. Also increasingly sophisticated in terms of innovative and complex products, the use of technology and customer service, and a focus on performance.

4. What role will your bank play in your country’s future development?

NBK will continue to play a leading role in the development of Kuwait from financing the private sector and managing its wealth, through providing advisory services to support local and regional expansion of customers, to developing Kuwait into a regional financial centre.