VOL. XLIII
No. 25
19-June-2000
BANK RESULTS
Kuwaits Banks Record Mixed, Sometimes Sluggish Performance...
Kuwaits commercial banking sector recorded a mixed performance at the end of 1999, with sectoral profits up by 12.4% but disparities between banks. The average rise in profits for the seven banks included in this survey was 20.5%, but there were large variations in the performances of individual banks. Al-Ahli Bank recorded a 93.9% upturn in profits and the Commercial Bank of Kuwait an 83.5%...
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