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Kuwait- Mubasher: Financial statements for the National Bank of Kuwait for the fiscal year (FY) 2014, revealed a profit rise by 10% to KWD 261.8 million ($894 million).
The Kuwait-listed bank’s financials showed a drop in non-performing loans by 1.5% during the period. On the other hand, the assets grew 17.1% to KWD 21.8 billion and the shareholders’ equity rose 5.8% to KWD 2.5 billion.
Photo Credit: Arabianeye-Reuters
Source:
Mubasher