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Islamic Finance Briefing - Categorized | Banking, Performance more

Kuwait bank suffers $8.15mln loss

Posted on 27 July 2009

From Gulfnews.com: Commercial Bank of Kuwait, (CBK), the country’s third biggest lender by market value, made a $8.15 million (Dh29.94 million) loss in the second quarter on provisions, according to Reuters calculations.

Net profit for the first half came in at 800,000 dinars (Dh10,239,078) the bank said in a statement on Friday without giving quarterly figures…………Full Article: Source

 
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