National Bank of Kuwait SAKP 2023 AR2

The report highlights the National Bank of Kuwait's (NBK) strategic progress in 2023, focusing on digital transformation and sustainability. NBK achieved a net profit of KD 560.6 million, representing a 10.1% year-on-year increase, and expanded its global workforce to 8,049 employees. The bank finalized its ESG Governance Framework, aligning with its commitment to achieve carbon neutrality by 2060 and reduce gross operational emissions by 25% by 2025. Additionally, NBK launched the 'Bankee' financial literacy program, reaching over 15,000 students, and joined the United Nations Global Compact to reinforce its dedication to responsible banking.

Company: National Bank of Kuwait SAKP

Sector: Financials

Country: Kuwait

Year: 2023

Type: AR2

Pages: 200

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National Bank of Kuwait SAKP

National Bank of Kuwait SAKP 2023 Annual Report

Annual Report

The report highlights the National Bank of Kuwait's (NBK) strategic progress in 2023, focusing on digital transformation and sustainability. NBK achieved a net profit of KD 560.6 million, representing a 10.1% year-on-year increase, and expanded its global workforce to 8,049 employees. The bank finalized its ESG Governance Framework, aligning with its commitment to achieve carbon neutrality by 2060 and reduce gross operational emissions by 25% by 2025. Additionally, NBK launched the 'Bankee' financial literacy program, reaching over 15,000 students, and joined the United Nations Global Compact to reinforce its dedication to responsible banking.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women in Management

Net Zero Target

Employees