KFIC
KFIC
1.52%
67.00
1.00
KFIC
Kuwait – Mubasher: Kuwait Finance and Investment Company (KFIC) has agreed with a client on settling and rescheduling a default of KWD 3.35 million since 2010.
This debts settlement will be done through an income-generating real estate asset, as well as rescheduling part of the debts for two years, according to a bourse statement issued on Wednesday.
KFIC noted that a profit of KWD 320,000 will affect the financials of the second quarter of 2017, and will be registered in the third quarter’s statements.
Source:
Mubasher