17.04.2012 - National Bank Of Kuwait Q1 net profit flat at $291 mln
National Bank of Kuwait the Gulf state's largest lender, posted flat first-quarter net profit on Monday, in line with analysts estimates, and the Kuwaiti lender said it was navigating a challenging market environment. Net profit for the first-quarter stood at 81 million dinars ($291 million) in the quarter to end-March, compared with 80.7 million in the same period a year ago. NBK has been building its Islamic banking business and in April last year raised its stake in Islamic lender Boubyan Bank to 47 percent...............................................Full Article: Source
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