From AFP: National Bank of Kuwait, the emirate’s largest lender, on Saturday reported a 20-percent rise in net profits for the first quarter of this year after a decline in the same period of 2009.

NBK posted a net profit of 264 million dollars in the first three months of 2010 against 218 million dollars in the same period last year. Its 2009 first-quarter results represented a decline compared with the year before…………………………………..Full Article: Source