BOUBYAN`R
MSCI announced its Semi‐Annual Index Review of global markets indexes, adding Boubyan Bank to the companies forming one of MSCI’s leading equity indexes, according to Boubyan’s filing to Kuwait Stock Exchange.
“The three largest additions to the MSCI Frontier Markets Index will be Boubyan Bank (Kuwait), Ciments Du Maroc (Morocco), and Hub-Power Co (Pakistan),” said MSCI, US-based provider of research-driven insights and tools for institutional investors.
Boubyan achieved annual net profits up 30% to KWD 7.4 million in the fiscal year 2014 from KWD 5.7 million in the previous year.