Financial and Banking News
REGIONAL BANKING
BKME Proposes Five Plus Five
The Bank of Kuwait and the Middle East (BKME) was the first of the commercial banks in Kuwait to propose a distribution of profits last week when it announced a five percent dividend together with a five percent bonus issue. Apart from BKME, only Burgan Bank and the Kuwait Finance House had announced their intentions, which in both cases were to retain all profits for their reserves.
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!