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    Thursday,February 23,2012

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  • Market Indices
    Price: 1060-20
    Open: 1080High: 1080
    Low: 1060Close: 1060
    Volume: 957,500
    • Summary
      StatusIndexChange %Volume
      Market Closed5916.2-0.67 155,685,000
    • Top Gainers

      Company Chg. % Cur. Price
      AREEC9.26118
      MANAFAE8.4764
      MANAFAE8.4764
      ISKAN8.3332.50
      GFH6.8539
      GFH5.4838.50
      URC4104
      UIC3.77110
      ALIMTIAZ3.70168
      CBK3.66850
    • Top Losers
      Company Chg. % Cur. Price
      SAFWAN-16.67750
      SAFRE-13.8915.50
      RKWC-8.47108
      IRC-7.5830.50
      GFC-7.5018.50
      SHOP-6.8568
      ALAMAN-6.5835.50
      FUTURE-6.35295
      JEERANH-6.1077
      MAYADEEN-6.0615.50
    • By Volume
      Company Volume Price
      IFA`R15,840,00041
      SENERGY`R14,320,00046
      ALSAFAT`R13,960,00078
      URC`R13,840,000104
      ABYAAR`R11,280,00030
      ALSAFWA`R6,960,00017
      SAFTEC`R4,840,00059
      GFH`R4,640,00039
      ALIMTIAZ`R3,960,000168
      KRE`R3,600,00050
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Trade and Finance

At NBK, Trade Finance gathers a team of talented experts with vast and cumulative experience. This, complemented by the latest technology of world class standards, would be the best solution for importers who are seeking expertise for their letters of credit, guarantee and structured trade deals.

Letters of Credit (LC): the department deals with all kinds of letters of credit (inward and outward) such as acceptance, Back-to-Back, Transferable, Deferred payment, Standby and revolving LC, just to name a few.

Letters of Guarantee (LG): the department is experienced in proactively recommending to clients the best format and method to protect their rights and interest in all guarantee categories such as Bid Bonds, Performance, Advance Payment, Retention, Suppliers credit guarantee, Contract Guarantees and others.

Collections: Documentary collection offers greater security than selling on open account but not as much as a documentary credit. We offer all types of collection whether outward or inward.

Financing: Trade Finance also offers financing and discounting under Letter of Credit.

Our Trade Finance's vast experience and knowledge has enabled it to offer a high degree of professionalism in structuring project finance based complex Letter of Credit and Guarantee transactions, which makes it an excellent venue for traders to opt for NBK.

For more information please contact:

Chacko Varghese
Trade Finance – Letters of Credit
Corporate Banking Group
Tel. : (+965) 22592143
Fax : (+965) 22458972 - 22463751 
 

Richard Nazareth
Trade Finance Letters of Guarantee
Corporate Banking Group
Tel. : (+965) 22592224
Fax : (+965) 22439675 
 

Sultan Rajab Ali
Trade Finance – Corporate Banking Group
Tel. : (+965) 22592161 – 22246660
Fax : (+965) 22439240 - 22458972 
 

To contact by e-mail: corporate@nbk.com

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