National Bank of Kuwait announced its exposure to NMC Healthcare in the Emirates, with a value of 91.4 million dollars, equivalent to 28.2 million dinars.

The bank said in a statement to the Kuwait Stock Exchange on Tuesday that it had no further exposure to the subsidiaries of NMC Group.

Kuwait National explained that it is currently difficult to determine the financial impact of this exposure on the bank's financial statements.

NMC Group earlier revealed debts amounting to about $ 6.6 billion.

During the past month, the group said it had committed debts in excess of $ 2.7 billion, which had not been previously disclosed to the Board of Directors.



NMC Healthcare is UAE-based and listed on the London market since 2012, and the company operates in 19 countries including Saudi Arabia.