Kuwait Finance House (KFH) News - Mubasher Info
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04 April 10:17 PM

Kuwait Finance House (KFH`R)

Last update: 2 April 01:14 PM market time.
814.00
80.00
10.90%
Open 810.00
Previous Close 734.00
High 814.00
Low 806.00
Stock Statistics
Volume 13,053,815
Turnover 10,588,143.10
All data are 15 minutes late during market session

News

Photo Credit: Arabianeye-Reuters
2 July 2015 10:57 AM Moody's assigns KFH CR assessment of A1(cr)Prime-1
Moody's Investors Service has assigned counterparty risk assessment of A1(cr)/Prime-1(cr) for Kuwait Finance House (KFH). CR assessments are opinions of how counterparty obligations are likely to be treated if a bank fails, and are distinct from …
Company News
Photo Credit: Arabianeye-Reuters
30 June 2015 11:03 AM Securities House transfers assets to KFH in debt settlement
The Securities House said Tuesday it has transferred some assets to Kuwait Finance House (KFH) in the framework of a debt settlement agreement, according to a bourse statement. Late 2014, KFH has entered into a settlement agreement with The …
Mergers and Acquisitions
Photo Credit: Arabianeye-Reuters
28 June 2015 10:21 AM KFH to transfer dividends to shareholders' accounts
Kuwait Finance House signed a memorandum of understanding (MOU)with Kuwait clearing company (KCC) to transfer cash dividends into shareholders' accounts electronically. The new service's start-up date will be by the end of the fiscal year 2015 as …
Company News
Photo Credit: Arabianeye-Reuters
25 June 2015 09:14 AM Changes in KSE equities Thursday
The Kuwait Stock Exchange (KSE) showed some changes in equity ownership on 24 June, as Kuwait Finance House (KFH) decreased its stake in Aviation Lease and Finance Company to 53.04% from 53.69%, down 0.65%. Al-Iqleem Real Estate Company saw its …
Trading Activities
Photo Credit: Arabianeye-Reuters
8 June 2015 09:00 AM KFH clears $85.92m debt for client
Kuwait Finance House (KFH) has restructured a bad debt worth KWD 26 million ($85.92 million) for one of its indebted clients, according to a statement issued Monday by KFH.The debt settlement was paid in cash resulting in a KWD 13 million profit, …
Company News
Photo Credit: Arabianeye-Reuters
31 May 2015 08:50 AM KFH, Trolley FoodStuff sign financing services deal
Kuwait-Mubasher: Kuwait Finance House (KFH) signed comprehensive financing agreement with International Trolley FoodStuff Company which will establish and operate 86 central markets at petrol stations in Kuwait.The agreement is the first of its …
Company News
Photo archive
27 May 2015 09:43 AM GIH says talks over debt settlement with KFH on track
Written by: Ahmed AwadGulf Investment House (GIH) debt settlement's talks with Kuwait Finance House (KFH) is on track, said Talal Al Nisf, Chairperson.GIH total debts stand at KWD 36 million, while total assets amounts to nearly KWD 55 million.GIH …
Company News
Photo Archive
21 May 2015 04:38 PM KFH equities in 10 listed firms total KWD138m
By Ahmed AwadKuwait – Mubasher: Kuwait Finance House (KFH) management has decided to divest owned stakes in Kuwait-listed companies, as part of restructuring the bank’s investments over the coming period.KFH owns stakes of more than 5% each in ten …
General News
Photo Credit: Arabianeye-Reuters
20 May 2015 09:29 AM KFH to exit Arkan Al Kuwait Real Estate
Kuwait Finance House (KFH) said Wednesday it intends to divest its whole stake of 10% in Arkan Al Kuwait Real Estate.KFH's representative in Arkan's board of directors submitted his resignation last April, said a bourse filling.Arkan’s net profits …
Company News
Mazen Al Nahedh
18 May 2015 02:12 PM KFH says divestment plan on track
Written by: Ahmed Awaad Kuwait Finance House (KFH) divestment plan from investments in affiliated companies is on track, said Mazen Al Nahedh, chief executive officer. The plan comes in the frame work of the bank's investments restructuring …
Company News
Photo Credit: Arabianeye-Reuters
12 May 2015 11:55 AM Global raises KFH fair value, recommends ‘Hold’
Global Research Unit raised the fair value of Kuwait Finance House (KFH) 4% to KWD 0.700 per share from KWD 0.675.Global maintained its ‘Hold’ rating on KFH’s stock, with a marginal 4.5% upside from the current level of KWD 0.670 a share as on 11 …
Company News
Haytham Al-Rashed, director of asset management at SKFH
10 May 2015 02:54 PM SKFH plans to launch 2 funds – Al-Rashid
By Mohammed Abu MeleehRiyadh-Mubasher: Saudi Kuwaiti Finance House (SKFH), a wholly-owned subsidiary of Kuwait’s KFH, plans to launch two funds, which will invest in the real estate and Saudi equities, said Haytham Al-Rashed, director of asset …
Mutual Funds
Photo Credit: Arabianeye-Reuters
10 May 2015 08:13 AM KFH becomes shareholder in Al-Aman Invetsment
Kuwait Stock Exchange’s (KSE) equity ownership saw some changes on 7 May, as Kuwait Finance House (KFH) and its subsidiaries entered the shareholders list of Al-Aman Investment by 5.564%.Al-Tilal Investment Company decreased its stake in Al-Deera …
Trading Activities
Photo Credit: Arabianeye-Reuters
3 May 2015 11:26 AM KFH gets equity in Securities House unit to settle debt
The Securities House has transferred 614 million of its shares in Al-Aman Investment to Kuwait Finance House (KFH), as part of an earlier settlement agreement.After the settlement, The Securities House’s stake in Al-Aman Investment decreased to 80 …
Corporate Actions
Photo Credit: Arabianeye-Reuters
29 April 2015 10:18 AM KFH confirms debt settlement deal with Ekttitab
Kuwait Finance House (KFH) has signed a contract to settle its whole debts due to Ekttitab Holding, according to a bourse filing.KFH will announce the financial impact of such agreement in the coming period, added the filing.Ekttitab Holding, …
Company News
Photo Archive
28 April 2015 03:40 PM KFH-Turkey issues MYR 300m Sukuk in Malaysia
Kuwait – Mubasher: KFH-Turkey, a subsidiary of Kuwait Finance House (KFH) has issued a first tranche worth MYR 300 million in Malaysia as part of a MYR 2 billion Sukuk program launched on 31 March 2015, said Emad Al Monayea, CEO, KFH-Investment.He …
Company News
Photo Credit: Arabianeye-Reuters
27 April 2015 08:58 AM Al-Madina settles $88.32m debt with KFH
Al-Madina for Finance and Investment, listed on KSE and DFM, signed a debt settlement agreement in kind as properties with Kuwait Finance House (KFH).The debt, which is worth KWD 26.69 million ($88.32 million), forms 80% of the company’s total …
Company News
Photo Credit: Arabianeye-Reuters
27 April 2015 08:46 AM Ekttitab, KFH ink debt settlement deal
Ekttitab Holding, listed on KSE and DFM, signed an agreement on 26 April to settle its KWD 1.529 million ($5.06 million) debt with Kuwait Finance House (KFH).No financial impact is expected to reflect on Ekttitab’s financial statements of the …
Company News
Photo Credit: Arabianeye-Reuters
16 April 2015 10:31 AM KFH Q1-15 earnings below forecasts - Global
Global Investment House said that Kuwait Finance House’s (KFH) earnings in Q1 came lower than the expectations attributable to lower than forecasted top-line and investment income, according to a statement issued by Global.KFH realized a net …
Stock Evaluations
Photo Credit: Arabianeye-Reuters
15 April 2015 04:02 PM KFH earnings up 14.6% in Q1-15
Kuwait Finance House (KFH) achieved earnings worth KWD 29.9 million in the first quarter of 2015, compared to KWD 26.1 million in Q1-2014, growing by 14.6%.Net finance income rose to KWD 92 million in Q1-15 from KWD 83.2 million in the same period …
Company News
Photo Credit: Arabianeye-Reuters
14 April 2015 02:03 PM KFH’s subsidiary sees 38% rise in earnings
Turkapital, a 51%-owned subsidiary of Kuwait Finance House (KFH), achieved a growth of 38% in its earnings of the fiscal year 2014 as it posted $5.8 million.KFH posted a net profit of KWD 126.5 million in 2014, compared to KWD 115.9 million in …
Financial Results
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7 April 2015 08:15 AM Al-Iqleem raises stake in Munshaat Real Estate
Kuwait Stock Exchange’s (KSE) equity ownership movement saw changes on 6 April, as Al-Iqleem Real Estate increased its stake in Munshaat Real Estate Projects Company to 5.800% from 5.310%, registering a rise by 0.49%.The Public Institution for …
Trading Activities
Photo Credit: Arabianeye-Reuters
5 April 2015 03:33 PM Al-Nahedh calls Turkish, Kuwait to benefit from Islamic finance growth
Mazen Al-Nahedh Chief Executive Officer of Kuwait Finance House (KFH) stressed on the significance developing Islamic finance in the Turkish market to benefit from the Islamic finance growth which has become a corner stone in global economy.There …
Company News
Photo Credit: Arabianeye-Reuters
4 April 2015 05:28 PM KFH subsidiary completes projects in 3 GCC states
Manager Holding Company (KMC), a subsidiary of Kuwait Finance House (KFH), has been executing projects in three countries of the Gulf Cooperation Council.The projects are being performed in Kuwait, Bahrain, and Saudi Arabia for KWD 135 million, …
Company News
Photo Credit: Arabianeye-Reuters
30 March 2015 11:35 AM Moody's confirms KFH rating with a negative outlook
Moody's Investors Service has confirmed Kuwait Finance House's (KFH) long term ratings at A1, the company said in a bourse statement.Moody's also kept KFH's baseline credit assessment (BCA) and bank financial strength rating (BFSR) at ba1/D+ …
Stock Evaluations