National Bank of Kuwait (NBK), claimed to be the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of $ 814.4 million (KD 228.9 million) for the first nine months of 2012 compared with $ 802.4 million (KD 225.6 million) for the same period of 2011. NBK’s third quarter 2012 net profits reached $ 384.6 million (KD 108.1 million) compared to $ 280.7 million (KD78.9 million) in the third quarter of 2011.
As of end of September 2012, NBK Group’s total assets reached $ 58.1 billion (KD 16.34 billion), up 24.5 percent compared to September 2011, while total group shareholders’ equity reached $ 8.4 billion (KD 2.37 billion), up 5 percent year on year………………………………………..Full Article: Source