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Islamic Finance Briefing - Categorized | Banking, Performance more

NBK reports net profits of $ 1.09 bln

Posted on 22 January 2013

National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of $ 1.09 billion (KD 305.1 million) for the year 2012 compared with $ 1.08 billion (KD 302.4 million) for 2011.
At year-end, NBK Group’s total assets reached $ 58.4 billion (KD 16.4 billion) up from $ 48.5 billion (KD 13.6 billion) in 2011, while total group shareholders’ equity reached $ 8.2 billion (KD 2.3 billion), up 6 percent year on year………………………………………..Full Article: Source

 
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