Business

ABK gains momentum with net profit of KD 21.1 mln

– Al-Ahli Bank of Kuwait (ABK) announced a KD 21.1 million (about USD 69.6 million) net profits in the first nine months of 2021, against a Net Loss of KD 7.9 million incurred in the corresponding period in 2020.In a statement, the bank’s CEO George Ri…

KIB posts KD 3.8 mln net profit in first nine months of ’21

Kuwait International Bank (KIB) reported a net profit of KD 3.8 million (about USD 12.5 million) in the first nine months of the year, with a profit per share of 1.21 fils, said the bank on Sunday.The total operating revenues amounted to KD 50 million…