NATIONAL BANK OF KUWAIT (INTERNATIONAL) PLC

PaymentCheck Score 2025
95Excellent
1.3vs last year
#461 in UK
#95 in Financial Services
#228 in London

Company Information

Company Number
02773743
Registered Address
13 George Street, London, W1U 3QJ
Status
Active
Employee Count
174
Turnover
£100,990,000
EBITDA
£39,419,000

Additional Details

Company Type
Public limited Company
Incorporated On
9 December 1992
Nature of Business
64191 - Banks
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
15 days
Shortest Period:30 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms13%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202507 Jul 20251496%3%1%15%
01 Jul 2024 - 31 Dec 202407 Jan 20251596%3%1%13%
01 Jan 2024 - 30 Jun 202422 Jul 20241894%5%1%20%
01 Jul 2023 - 31 Dec 202319 Jan 20241793%6%1%20%
01 Jan 2023 - 30 Jun 202310 Jul 20232386%12%1%28%
01 Jul 2022 - 31 Dec 202226 Jan 20232483%16%1%34%
01 Jul 2021 - 31 Dec 202125 Jan 20222678%20%2%38%
01 Jan 2021 - 30 Jun 202129 Jul 20212685%14%1%32%
01 Jan 2020 - 30 Jun 202030 Jul 20201885%10%5%15%
01 Jul 2019 - 31 Dec 201931 Jan 20201191%7%2%9%
01 Jan 2019 - 30 Jun 201929 Jul 2019793%4%3%7%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

National Bank of Kuwait (International) PLC operates a preferred payment period of 30 days. Some of the suppliers’ payment vary compared to our standard terms. The individual circumstances of NBKI’s suppliers’ payment periods have been taken into account when compiling the return’s data

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

In the event that there is a dispute between the parties about any invoice rendered, the supplier should initially raise this in writing with the department that commissioned the service/supply of goods or with the individual.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

National Bank of Kuwait (International) PLC is a subsidiary of the National Bank of Kuwait, one of the largest financial institutions in the Middle East. Based in London, the bank offers a wide range of financial services to its clients, including commercial and investment banking, trade finance, and treasury services.

The bank is committed to sustainability and has a dedicated sustainability program in place. This program includes initiatives to reduce the bank's carbon footprint, promote environmental awareness, and support community development projects.

National Bank of Kuwait (International) PLC offers a variety of products and services to meet the financial needs of its clients. These include corporate and commercial banking, private banking, and wealth management services. The bank also offers a range of digital banking solutions to make banking more convenient for its customers.

The key people at National Bank of Kuwait (International) PLC include CEO and Managing Director, Salah Al-Fulaij, and Chairman, Mohammed Abdulaziz Alshaya. They lead a team of experienced professionals who are dedicated to providing excellent financial services to their clients.

The bank's website address is www.nbk.com and its registered office address is 1 Knightsbridge, London SW1X 7LX, United Kingdom. Customers can contact the bank via phone at +44 (0) 20 7457 9000 or email at london@nbk.com. National Bank of Kuwait (International) PLC is regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).

Financial Metrics

Cash
£1,112,439,702
Net Worth
£387,395,143
Total Current Assets
£2,724,579,347
Total Current Liabilities
£2,413,427,356

Company Location