National Bank Of Kuwait K.s.c. · KSE:NBK

National Bank Of Kuwait K.s.c — National Bank of Kuwait — Investor Presentation (June 2026)

34 slides from National Bank Of Kuwait K.s.c's investor presentation, June 2026

  1. Slide 1: National Bank of Kuwait Investor Presentation

    National Bank of Kuwait Investor Presentation June 2026 National Bank of Kuwait 1

  2. Slide 2: Disclaimer

    Disclaimer THE INFORMATION SET OUT IN THIS PRESENTATION AND PROVIDED IN THE DISCUSSION SUBSEQUENT THERETO DOES NOT CONSTITUTE AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT AN INVESTOR PRESENTATION AND IS PROVIDED AS INFORMATION ONLY. THIS PRESENTATION DOES N

  3. Slide 3: Contents

    Contents Section 1 Overview of NBK Section 2 Strategy and Business Overview Section 3 Operating Environment Section 4 Financial Performance Highlights Section 5 Appendix National Bank of Kuwait 3

  4. Slide 4: NBK is Kuwait’s Leading Banking Group

    NBK is Kuwait’s Leading Banking Group Snapshot Financial snapshot  Established in 1952 as the first local and home-grown GCC bank, and first shareholding KD million 2023 2024 2025 1Q 2026 company in Kuwait  The leading conventional banking group in Kuwait in terms of assets, customer deposits and

  5. Slide 5: Regional and International Geographic Presence

    Regional and International Geographic Presence London – 1 branch Paris – 1 branch Geneva – 1 branch New York – 1 Branch Shanghai – 1 branch Kuwait – 70 branches Iraq – 3 branches Lebanon – 2 branches Egypt – 53 branches Bahrain – 2 branches Singapore – 1 branch UAE – 3 branches KSA – 3 branches Nati

  6. Slide 6: Key Strengths

    Key Strengths High credit ratings and among the top brand values regionally A Leading market position in Kuwait  NBK enjoys a dominant market share across various business segments in  NBK has one of the highest credit ratings in the MENA region Kuwait  Named the most valuable banking brand in Ku

  7. Slide 7: Contents

    Contents Section 1 Overview of NBK Section 2 Strategy and Business Overview Section 3 Operating Environment Section 4 Financial Performance Highlights Section 5 Appendix National Bank of Kuwait 7

  8. Slide 8: NBK’s Strategy

    NBK’s Strategy  The Bank aims to (i) remain the primary banker for the leading local companies whilst continuing to be active in the mid-market sector;(ii)  Corporate remain the bank of choice for foreign companies and continuing to serve at least 75% of those companies and (iii) maintain its curr

  9. Slide 9: Kuwait Operations

    Kuwait Operations NBK Islamic Banking (Boubyan Bank 60.4% owned subsidiary)  After a series of gradual share acquisitions since 2009, NBK’s stake in Boubyan bank reached 58.4% in 2012. Corporate Banking Consumer Banking Through Boubyan, NBK aims at diversifying its income stream, complementing its

  10. Slide 10: International Banking Operations

    International Banking Operations  NBK’s international banking operations have been traditionally contributing circa 25% of the Group’s bottom line. London – 1 branch  NBK’s international presence is a differentiating factor for the Group, enabling better service and Paris – 1 branch strengthening

  11. Slide 11: NBK Wealth

    NBK Wealth NBK Wealth emerged as the outcome of the transformation plan of merging NBK’s private banking and asset management businesses under one leadership and one identity. The transformation plan was focused on client-centricity, and NBK Wealth now offer SHNWI/UHNWI/HNWI and institutional accoun

  12. Slide 12: Digital Banking Anchoring the Group Future Growth

    Digital Banking Anchoring the Group Future Growth We are advancing our digital banking strategy with bold aspirations: Being a digital leader In response to evolving customer expectations, emerging Delivering next- Fostering a digitally and innovation generation digital enabled culture and technolog

  13. Slide 13: NBK ESG Strategy Framework

    NBK ESG Strategy Framework National Bank of Kuwait 13

  14. Slide 14: The Fundamental Guiding Forces of NBK’s ESG Journey

    The Fundamental Guiding Forces of NBK’s ESG Journey ESG Ratings* ESG Governance National and Global Frameworks Upgraded to “A” from “BBB”  A Board approved ESG Governance Structure and Framework that assigns ESG responsibility across members of the Executive Management. Significantly improved to 19

  15. Slide 15: NBK ESG Achievements

    NBK ESG Achievements We measure our progress against well-defined metrics and targets to achieve the greatest positive impact. Strategy Pillars Key Highlights*  Published its first Green Bond Allocation and Impact Report in May 2025 following the inaugural USD 500 million green bond issuance in Jun

  16. Slide 16: Contents

    Contents Section 1 Overview of NBK Section 2 Strategy and Business Overview Section 3 Operating Environment Section 4 Financial Performance Highlights Section 5 Appendix National Bank of Kuwait 16

  17. Slide 17: Kuwait Overview

    Kuwait Overview Key Highlights Key Indicators  Kuwait is a constitutional monarchy, headed by H.E. the Emir, Sheikh Meshal Al- Indicator 2023 2024e 2025f 2026f Ahmad Al-Sabah, with a population of 5.2 million (December 2025). Nominal GDP (KD billion) 1 50.8 49.1 48.1 52.4  It is a founding member

  18. Slide 18: Kuwait’s Economy

    Kuwait’s Economy Real GDP Growth1 (% y/y) Project Awards2 (KD million) 8 8 2250 2250 Oil sector Non-oil sector Headline Construction Oil & Gas Transport 6 6 2000 2000 4 4 1750 Power & Water Industrial 1750 2 2 1500 1500 0 0 1250 1250 -2 -2 1000 1000 -4 -4 750 750 -6 -6 500 500 -8 -8 250 250 -10 -10

  19. Slide 19: Kuwait’s Banking Sector

    Kuwait’s Banking Sector Kuwait Discount Rate1 (%) Loans and Deposits2 6 6 54 108 Credit (KD bn, LHS) Deposits (KD bn, LHS) 53 5 5 Loan-to-deposit ratio (RHS) 106 52 51 104 4 4 50 102 3 3 49 Discount rate 100 48 2 Fed target rate (upper limit) 2 47 98 1 1 46 96 45 0 0 44 94 Apr-23 Oct-23 Apr-24 Oct-2

  20. Slide 20: Dominant Kuwaiti Franchise

    Dominant Kuwaiti Franchise NBK is the leading conventional banking group in Kuwait with a market leading position across its business segments Total Assets (KDm) 1 Customer Deposits (KDm) 1 National Bank of Kuwait 45,613 National Bank of Kuwait 26,064 Kuwait Finance House 42,760 Kuwait Finance House

  21. Slide 21: Contents

    Contents Section 1 Overview of NBK Section 2 Strategy and Business Overview Section 3 Operating Environment Section 4 Financial Performance Highlights Section 5 Appendix National Bank of Kuwait 21

  22. Slide 22: Operating Performance 1Q 2026

    Operating Performance 1Q 2026 Net Profit (KDm) Operating Surplus (KDm) 204 195 195 +4.8% 134 135 +1.0% 108 1Q 2025 4Q 2025 1Q 2026 1Q 2025 4Q 2025 1Q 2026 Net Operating Income (KDm) 1Q 26 Net Profit by Business Line (%) Corporate Net interest income & Net income from Islamic Financing Non-interest i

  23. Slide 23: Operating Performance 1Q 2026

    Operating Performance 1Q 2026 Net Interest Income* (KDm) Net Interest Margin* YTD NIM Qtrly NIM 251 248 2.48% +4.8% 2.45% 2.45% 2.41% 2.28% 237 2.45% 2.46% 2.42% 2.29% 2.28% 1Q 2025 4Q 2025 1Q 2026 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 Net Interest Margin drivers Non-interest income (KDm) Net fees

  24. Slide 24: Operating Performance 1Q 2026

    Operating Performance 1Q 2026 Operating Expenses (KDm) Provisions and Impairments (KDm) Staff expenses Other operating expenses 65 Prov chg for credit losses Other impairment losses Cost of Risk (bps) 133 60 127 53 55 116 +9.6% 50 +24.4% 45 16 66 59 40 54 35 27 22 30 25 53 bps 20 15 40 bps 68 15 62

  25. Slide 25: Operating Performance 1Q 2026

    Operating Performance 1Q 2026 Total Assets (KDbn) Total Liabilities (KDbn) Cash & Deposits with banks Loans Investment sec. Others Customer Deposits Due to banks Deposits from other FIs CD's / Other borrowed funds Other Liabilities 41.6 45.6 46.1 36.6 40.0 40.8 6% 6% 6% 20% 20% 21% 9% 9% 10% 9% 9% 9

  26. Slide 26: Performance and Asset Quality Ratios 1Q 2026

    Performance and Asset Quality Ratios 1Q 2026 Return on Average Equity & Return on Average Assets Cost to Income Ratio ROAE ROAA 13.4% 13.1% 12.2% 38.4% 38.3% 37.3% 1.33% 1.33% 1.20% Mar 25 Dec 25 Mar 26 1Q 2025 2025 1Q 2026 Capital Adequacy Ratios Asset Quality Ratios CET 1 Ratio Tier 1 Ratio Capita

  27. Slide 27: Contents

    Contents Section 1 Overview of NBK Section 2 Strategy and Business Overview Section 3 Operating Environment Section 4 Financial Performance Highlights Section 5 Appendix National Bank of Kuwait 27

  28. Slide 28: Consolidated Financials 1Q 2026 (KDm)

    Consolidated Financials 1Q 2026 (KDm) Income Statement (KDm) 1Q 2025 1Q 2026 YoY Growth (%) Balance Sheet (KDm) Mar-25 Mar-26 YoY Growth (%) Interest Income 437 459 5% Cash and short term funds 4,685 4,456 (5%) Central Bank of Kuwait bonds 334 14 (96%) Interest Expense 252 265 5% Kuwait Government T

  29. Slide 29: Performance Measures 1Q 2026

    Performance Measures 1Q 2026 March-2025 March-2026 Return on Average Assets 1.33% 1.20% Return on Average Equity 13.1% 12.2% Net Interest Margin 2.45% 2.28% Cost to Income 37.3% 38.3% NPLs to Gross Loans 1.38% 1.35% Loan Loss Reserves to NPLs 251% 241% CET 1 Ratio 12.6% 12.5% Tier 1 Ratio 14.5% 14.3

  30. Slide 30: Consolidated Statement of Income (KDm)

    Consolidated Statement of Income (KDm) KDm 2023 2024 2025 Interest Income 1,633 1,799 1,842 Interest Expense 908 1,027 1,059 Net Interest Income 725 772 783 Murabaha and other Islamic financing income 402 465 496 Finance cost and Distribution to depositors 222 256 279 Net Income from Islamic financi

  31. Slide 31: Consolidated Statement of Financial Position (KDm)

    Consolidated Statement of Financial Position (KDm) KDm Dec-23 Dec-24 Dec-25 Cash and short term funds 4,385 5,323 4,878 Central Bank of Kuwait bonds 857 344 31 Kuwait Government treasury bonds 194 149 847 Deposits with banks 1,318 1,383 2,107 Loans, advances and Islamic financing to customers 22,281

  32. Slide 32: Kuwait Selected Mega Projects

    Kuwait Selected Mega Projects Project Sector Budget (KD bn) Scope Status South Al Mutlaa City Construction 6.0 30,000 residential units, schools and other facilities Execution: Construction works are still ongoing on the project. South Saad Al-Abdullah Residential 24,500 residential units and relate

  33. Slide 33: Contact

    Contact Contact Investor Relations Useful information E: Investor-Relations@nbk.com Download copies of NBK’s: National Bank of Kuwait (NBK) PO Box 95, 13001 Safat Kuwait • Financial statements Al Shuhada Street, Block 7, Sharq • Earnings release State of Kuwait • Annual report National Bank of Kuwai

  34. Slide 34: National Bank of Kuwait Investor Presentation

    National Bank of Kuwait Investor Presentation June 2026 National Bank of Kuwait 34

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