| 12.04.2011 - Kuwait banks see net profits rise 62pct in 2010 |
| Net profits made by Kuwaiti banks in 2010 totalled about KD583m ($2.1bn), more than 62 percent higher than the previous year, the Gulf state's central bank said on Monday. Addressing a financing conference, Sheikh Salem AbdulAziz Al-Sabah, governor of the CBK, said Kuwait had taken several measures to "buttress the banking sector", helping to develop risk-management abilities..............................................Full Article: Source |