Financial and Banking News
Burgan Bank Posts Lowest Dividend among Local Banks
The lowest dividend so far posted by commercial banks in Kuwait was declaredby Burgan Bank in announcing an 8.5% increase in profits for 1987. Burgandistributed an 8.5% cash dividend - lower than the four other local banks whohave announced their results so far (only Commercial Bank of Kuwait has yet todeclare its 1987 figures.) Nevertheless, the amount of Burgan's...