Watani Financial Brokerage Company (WFBC)

WFBC believes that the application of good corporate governance rules and regulations provides a proof of company's systems solidity where it’s the most important base and foundation to ensure the rights of stakeholders and enhance their supervision role over the company, WFBC establish and promote the corporate governance rules and regulations according to the Capital Markets Authority standards to implement the highest standards of professional competence.

Accordingly, WFBC is working on establishing a culture of responsibility and accountability to all parties to the company, starting from its Board of Directors and its responsibility in the implementation of the corporate governance framework and rules, determining the mechanism of decision-making, reviewing plans and policies as well as its role to ensure implementation of proper management to achieve the company objectives and activate proper management system through the executive management , also activation of the internal control system down to all employees of the company to ensure the compliance with the Code of Conduct and Ethics.

WFBC is being directed by a BOD composed of Executive, non-Executive and Independent members enjoying extensive experiences and qualifications. The BOD is supported in achieving its roles by several committees whose responsibilities and authorities are defined by the BOD.

• The Nomination and Remuneration Committee

• The Risk Management Committee

• The Audit Committee

The Main Role:

The main role of the Nomination and Remuneration Committee is to draw recommendations for nomination to membership of the Board of Directors and Executive Management and recommendations related to policies and regulations that govern the granting of benefits and remuneration.

The Main Role:

The main role of the Risk Management Committee is to draw Risk Management policies and the relevant internal regulations in line with the Company’s risk appetite.

The Main Role:

The main role of the Audit Committee is to ensure the integrity and soundness of the financial reports and internal control systems.

If you have any inquiries, please contact WFBC’s Investor Relations unit:
Email: Investor-Relations@watani-wasata.com

Watani Financial Brokerage Company (WFBC) PO Box 21350, Safat 13074, Kuwait NBK Tower, Sharq Area, Jaber Al-Mubarak & Al-Shuhada Street, Floor 34, Block 7, Plot 6

Watani Financial Brokerage Company (WFBC) is a leading financial brokerage company in Kuwait, offering trading services in the local market for selling and buying securities listed in the regular market and in the OTC market (unlisted) in Boursa Kuwait

WFBC systems provide trading solutions that grant excellent services to its clients. WFBC holds a market share standing amongst the top Brokerage Companies in Boursa Kuwait.

WFBC is licensed by Kuwait Capital Market Authority (CMA).

The financial statements of the company are consolidated within the financial statements of its parent company (National Bank of Kuwait S.A.K.P.) which may be accessed here.

The external auditor of WFBC is Mr. Talal Y. Al-Muzaini, Deloitte & Touche (Al Wazzan & Co).

COPYRIGHTS

Watani Financial Brokerage Company KSCC – All Rights Reserved

Kindly note that the complaint will be responded to within one month from the date of receipt.

Download the complaint form here.

DISCLAIMER

Watani Financial Brokerage Company K.S.C.C, disclaims all liability for the quality, description, availability, price or provision of any services offers on the website “watani-wasata.com” or any matter related to such services. Watani Financial Brokerage Company K.S.C.C also disclaims liability concerning any warranty, explicit or implicit, related to any part of the content offer on the website “watani-wasata.com” or any information provided by merchants or any other parties.

The information, data, analyses, reports, prices, values and other things (“the information”) contained on the website “watani-wasata.com” are intellectual properties belonging to Watani Financial Brokerage Company K.S.C.C and are considered confidential and the purpose of their appearing on the website is to make them available to the concerned parties only. Accordingly, they may not be published, divulged or disclosed in any way whatsoever by the concerned recipient of such information and data, directly or indirectly, to any person or party save after having received the prior written consent of Watani Financial Brokerage Company K.S.C.C.

Any unauthorized use or disclosure of the information contained in this document may lead to irreparable damage and give rise to judicial fair and basic compensation in addition to any other compensations that may arise from such unauthorized use or disclosure.

PRIVACY POLICY

Watani Financial Brokerage Company (WFBC) K.S.C.C has drawn and adopted the following privacy policy as an expression of its deep commitment to the privacy of the users of its official website. Pursuant to this policy, WFBC undertakes not to sell your personal data to any other companies for the independent marketing purposes of those companies. Furthermore, we maintain physical, electronic and procedural means of protection in order to prevent any unauthorized access to your personal data and in order to protect you against any abuse of such data. In addition, we limit access to your account(s) exclusively to those employees who are concerned with providing the services you request. The following are the practices we follow with regard to the collection and publishing of information in connection with the official website of the Company.

IP ADDRESS AND COOKIES

Your IP address may be used in the collection of general demographic data. We may also use “Cookies” in order to provide a better service. Our website may also use “Cookies” for administrative purposes and enhancing your use of the website by monitoring your usage of the website and ensuring that you do not view the same special offers repeatedly. In addition, WFBC may use your contact information in communicating with you whenever necessary.

LINKS TO OTHER WEBSITES

This website may contain links to other websites. Such other websites may implement different privacy policies and information security and confidentiality standards. For this reason, we advise you to peruse the privacy policies as well as the terms and conditions of those sites before providing any personal information. The purpose of providing links to other websites that do not belong to WFBC is strictly limited to the provision of information. In the event where you elect to access those sites, WFBC will not bear any liability for the privacy practices or content of such sites.

INFORMATION SECURITY

Although we implement information security procedures to protect the information that are within our control against loss, abuse or modification, and notwithstanding our use of appropriate firewalls to prevent unauthorized access to any data existing on our network servers and belonging to any user, we will not bear liability for the loss of such information or data or abuse or modification thereof or access thereto in an authorized manner. If you have any questions about the above-mentioned privacy policy or the practices belonging to his website, kindly contact us at the following email address: webmaster@watani-wasata.com

COMPLAINTS

In the event where you have any complaint, please download and complete below form and send it by any of the following:

• Hand delivery to Watani Financial Brokerage Company, Sharq, Shuhada Street, Block 7, Plot 6, NBK Tower, Floor 34
• Mail at the following address: Watani Financial Brokerage Company, P. O. Box 21350 Safat 13074, Kuwait
• Email at the following email address: complaints@watani-wasata.com​

For inquiries regarding customer complaints, please call: +965 2259 4945

Kindly note that the complaint will be responded to within one month from the date of receipt.

​Download the complaint form here.