Kuwait Financial Brokerage convenes its AGM & changes its name to Watani Financial Brokerage

The Kuwait Financial Brokerage Company, a subsidiary of NBK, held on Tuesday April 14th 2008 its Annual Ordinary & Extraordinary General Meeting for the fiscal year 2007.



Mr. Salah Al Fulaij 'We are moving ahead with our expansion strategy to provide distinctive and exclusive brokerage services throughout NBK's branch network'.
Mr. Salah Al Fulaij 'We are moving ahead with our expansion strategy to provide distinctive and exclusive brokerage services throughout NBK's branch network'.

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The meeting has approved to increase the capital of the company and change its name to Watani Financial Brokerage Company.

Chairman of the company, Salah Al Fulaij said that the meeting has approved to increase the company's capital from KD3,000,000 to KD5,000,000 and to change its name from 'Kuwait Financial Brokerage Company' to 'Watani Brokerage Company'.

It is quite gratifying to note that the company achieved a remarkable increase in net profits for the year 2007' Al Fulaij added.

Kuwait Financial Brokerage Company has recently opened three full-fledged and fully equipped centers for financial brokerage services within the comfortable surroundings of Al Thahabi lounge at three major NBK branches, namely Al shamiya branch, Al Fahahail (Coastal) and Al Jahra (Al Hajraf Complex).

A similar center will be launched soon at South Surra area with several other centers in the pipeline within the framework of an expansion strategy to provide customers with a difference that could only come from NBK.




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Notes and media contacts

Issued by National Bank of Kuwait- For more info, please contact PR Office on: Asmaa Mohammed
Tel: 259 3222-259 2577 -
Fax: 2465190
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Wednesday, April 16 - 2008 at 15:32 UAE local time (GMT+4)

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