VOL. XLIV
No. 05
29-January-2001
KUWAIT
NBK Announces Record 2000 Profit Of $330Mn
National Bank of Kuwait (NBK) announced on 21 January that it had achieved record profits for the year 2000 of KD100.4mn ($330mn), representing a 7.6% increase over the previous year. According to a statement from the bank, as a result NBK reported a return on equity of 25.3% and a return on assets of 2.5%. The bank announced a dividend yield of around 7.7% of 57 fils compared to 52 fils in 1999 and reported a 23%...
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!