Challenge will be on how to distribute the shareholding of the various entities.
Majority shareholder of NBK is NSSF with 48%
Majority shareholder of Development Bank is ICDC with 89%
Majority shareholder of Consolidated Bank is KDIC with 51%
NBK is listed with private individuals owning abt 30%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle