Kuwait – Mubasher: Gulf International Bank (GIB) reported net profits of $47.3 million for the first half of 2015, compared with $50.2 million for the same period of 2014.

The lender's gross income reached $149 million in H1-2015, up 11% or $14.6 million from the same period of the previous year.

GIB's Net interest income recorded $85.6 million for the first half of 2015, a rise 12% from the similar period of the previous year.