Financial and Banking News
National Bank Of Kuwait Releases Full Figures; Reports 6% Increase InProfits
National Bank of Kuwait (NBK), the dominant bank in Kuwait, has published itsfull figures for 1994, showing a 6% increase in profits and 22% growth in itsbalance sheet. The bank has issued a 30% cash dividend and a 10% bonus shareissue. Its profitability ratios remain at the top of the range for Kuwaiti banksand above average when measured against...