National Bank of Kuwait (NBK) is the first indigenous bank in the Gulf Region. NBK is currently the largest financial institution in middle east and is the leading bank in the Middle East. It has a presence in New York, London, Geneva, Paris, Beirut, Bahrain, Jordan, Qatar, Singapore, Vietnam, Iraq, Jeddah, Dubai and Shanghai. Total assets: US$ 58.4 billion (as of December 31, 2012). Net profit: US$ 1,075 million (2011), US$ 1,085 million (2012). National Bank of Kuwait provides a wide range of personal and corporate banking and financial services. In addition, the Bank offers private banking services that comprise investment, offshore, overseas banking, and real estate services, as well as investment and brokerage services, which include investment funds, such as money market funds, equity funds, Ijara funds, alternative funds, multi asset funds, and real estate securities funds.