25.02.2010 - Kuwaiti Islamic Boubyan bank posts big 2009 loss
From Agence France-Presse: Kuwaiti Islamic lender Boubyan Bank announced on Wednesday it had posted a loss of 179 million dollars in 2009 against a profit of 6.4 million dollars the previous year. The bank in a statement posted on the Kuwait Stock Exchange website gave no reason for the huge loss but, like other Kuwaiti banks, it has been taking provisions against bad loans.........................................Full Article: Source
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