Al Watani Financial Brokerage Company obtains Final Official Approvals to change its Name & opens the New South Surra Branch

Published May 28th, 2008 - 04:11 GMT
Al Bawaba
Al Bawaba

Al Watani Financial Brokerage Company obtains Final Official Approvals to change its Name & opens the New South Surra Branch

Al Watani Financial Brokerage Company, a subsidiary of NBK Group, recently announced that it has received final official and regulatory approvals to change its name to "Al Watani Financial Brokerage Company" from its previous name "Kuwait Financial Brokerage Company" and is in the process of opening a new and full-fledged center for financial brokerage services within NBK's South Surra branch.

Commenting on the occasion, Chairman of Al Watani Financial Brokerage Company, Salah Al Fulaij said that the company's annual ordinary & extraordinary general meeting for the fiscal year 2007 had already agreed to increase the company's capital from K.D 3,000,000 to K.D 5,000,000 and to change its name from "Kuwait Financial Brokerage Company" to "Al Watani Brokerage Company". "The meeting also approved  proceeding forward in implementing the company's expansion strategy through the opening of more centers for financial brokerage services within NBK's branch network in Kuwait", Al Fulaij added.

It is worth mentioning that Al Watani Financial Brokerage Company has already 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). The launch of the new South Surra center area with several other centers in the pipeline is part of an expansion strategy to provide customers with a difference that could only come from NBK.