National Bank of KuwaitNational Bank of Kuwait’s regional expansion strategy, including acquisitions in Egypt and Turkey, and diversifying sources of income contributed to further record results in 2007 and, despite the global turmoil, also record net profits for the first nine months of 2008.
National Commercial BankProduct innovation, clever funding strategies and a focus on service excellence have enabled Jamaica’s National Commercial Bank (NCB) to generate another year of growth and improved profitability. Net profits are up by 20%, assets by 14% and return on equity continued to rise to 24.84%.
K&H BankThe combination of an exchange rate crisis and extensive lending to retail customers in foreign currencies has proved toxic for the Hungarian banking sector in 2008, but K&H Bank looks more resilient than most, thanks to its bancassurance model, ownership by Belgium’s KBC Group, and 1.04x loan-to-deposit ratio.