Financial and Banking News

REGIONAL BANKING

Correction: Commercial Bank of Kuwait 1986 Profits

The 1986 profits declared by Commercial Bank of Kuwait (CBK) were KD3.61mn, not KD3.21mn as reported erroneously in MEES 18 May, page B4. The corrected table for Commercial Bank's performance over the past three years is as follows:

 Results 1986 1985 1984 Net profit (KDmn) 3.61 _ 10.76 Cash dividend (%) _ _ 7 0 Bonus share issue (%) 8.0 5.0 - Loans (KDmn) 1,017.07 970.31 970.33 Total assets...