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Islamic Finance Briefing - Categorized | Banking, Performance more

Kuwait banks see net profits rise 62pct in 2010

Posted on 12 April 2011

Net profits made by Kuwaiti banks in 2010 totalled about KD583m ($2.1bn), more than 62 percent higher than the previous year, the Gulf state’s central bank said on Monday.
Addressing a financing conference, Sheikh Salem AbdulAziz Al-Sabah, governor of the CBK, said Kuwait had taken several measures to “buttress the banking sector”, helping to develop risk-management abilities……………………………………….Full Article: Source

 
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