Wed, Jun 19, 2013
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

NBK reports a net profit of USD 789 mln for the first nine months of 2010

Posted on 13 October 2010

From Albawaba.com: National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of USD 789 million (KD 225 million) for the first nine months of 2010 compared with USD 709 million (KD 202 million) for the same period in 2009, an increase of 11.4%.
As at the end of September 2010, NBK Group’s total assets reached USD 44 billion (KD 12.5 billion), whilst total shareholders’ equity reached USD 7 billion (KD 2.0 billion). Profitability indicators remained strong with ROA reaching 2.4% and ROE 17.6%……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
June 2013
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930