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Bahrain and Kuwait Bank profits up 4% in Q2

Bahrain and Kuwait Bank profits up 4% in Q2
Profits reached BHD 16.4 million in the secon quarter of the 2017
BBK
BBK
0.19% 0.54 0.00

Mubasher: Bank of Bahrain and Kuwait (BBK) reported a 3.8% increase in profits for the second quarter of the year.

The bank said in a statement to the Bahrain Bourse on Wednesday that net profits reached BHD 16.4 million ($43.2 million) compared to BHD 15.8 million ($41.6 million) for the same period last year.

As for the first half of the year, profits grew by 8.1% to BHD 32.18 million in the first six months of the 2017 compared to BHD 29.76 million in H1-16.