NBK's asset quality among best in region, says Moody's - ArabianBusiness.com

National Bank of Kuwait's asset quality is among the best in the Gulf, with non-performing loans below two percent of total loans, Moody's said on Saturday.

In its latest report, the credit rating agency said that NBK's financial strength rating reflected the bank's dominant position in its domestic market, and its strong financial metrics.

Moody's added: 'NBK's asset quality has exhibited a level of resilience unparalleled by its domestic peers,' adding that NPLs stood at just 1.65 percent as at the end of last year.

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