13.10.2010 - NBK reports a net profit of USD 789 mln for the first nine months of 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
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