By: Mohamed Farouk

Mubasher: The National Bank of Kuwait (NBK) is expected to register an increase of 14% in profits by the end of the first six months of fiscal year 2019 when compared to the corresponding period last year, capital market analyst Ahmed Jassim Al Qamr told Mubasher.

Kuwait’s leading lender is forecast to record KWD 212 million worth of earnings in H1-19 from KWD 186 million registered in the same period a year ago, the analyst added.

It is worth mentioning that the NBK achieved KWD 107.73 million worth of profits in the first quarter of 2019 compared to KWD 93.59 million in Q1-18.