| Kuwait Finance House (KFH) , the country's largest Islamic bank, said on Wednesday its profit fell by 24 percent in 2011, as the lender put aside money to meet investment losses.
Profit for the year fell to 80.3 million dinars ($289 million) from 106 million dinars in 2010, the lender said in a statement. The bank made 9.6 million Kuwait dinars in the fourth quarter last year, based on Reuters calculations, compared with an estimated profit of 20 million for the period...............................................Full Article: Source
|