VOL. XXXVI
NO. 44
2-AUGUST-1993
Financial And Banking News
BANK RESULTS
KuwaitFinance House Declares Profit For 1992
KuwaitFinanceHouse(KFH)has shown profits of KD8.8mn
($29mn) for 1992, comparedto a loss of KD15.9mn ($52.7mn) in the two years 1990/91. The 1992results show a return on
averageassetsof0.77%,whichis lower than the three other Kuwaiti banks that have reported1992results.The
return on average equity was high at22.86%, reflecting the bank'slowcapitalization.A bonus share issue of 12% is
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