Financial and Banking News
National Bank Of Kuwait Posts 22% Increase In Profits
National Bank of Kuwait (NBK) has declared profits of KD52mn ($174mn) for1993, an increase of 21% over 1992. The directors are proposing a cash dividendof 23%, compared to 20% in 1992. The bonus share issue of 10% remains the same.Assets grew by 8.3%. Full figures will be released in advance of NBK'sshareholders' meeting, which is expected to take place around the first...
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