Wednesday , March 21 2018

Tag Archives: CBK

CBK praised for Kuwait’s financial stability – Cenbank policies cushion impact of dwindling oil prices

KUWAIT CITY, March 27, (KUNA): Drastic fall of crude oil prices has brought to the surface enormous difficulties facing Kuwait economic and financial decision-making authorities. Not only so, the hardships have also revealed the efforts exerted to keep ripples of the international financial crisis at bay. During recent times, when …

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Commercial Bank of Kuwait presents financial results at AGM – Statements reflect improvement in shareholders’ equity, along with higher retained earnings

Following is a message from Ali Mousa Al Mousa, Chairman of Commercial Bank of Kuwait during the Bank’s AGM                                                   – Editor In the name of Allah the Most Gracious, the Most Merciful Our valued shareholders, our respectable attendees On behalf of myself and the Board of Directors, I am pleased …

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CBK records net profit of KD 46.2mn for 2015 – Board recommends 13% cash dividend, 6% bonus shares

KUWAIT CITY, Jan 30: Commercial Bank of Kuwait announced an operating profit of KD 99 million (before provisions and taxes) for the year 2015. The net profit of the bank was KD 46.2 million with earnings per share of 32.7 fils. The Board of Directors recommended to the General Assembly …

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IFC could help in growth of Islamic finance industry – Event can provide forum for global dialogue to boost the sector

KUWAIT CITY, Nov 10, (KUNA): Governor of Central Bank of Kuwait (CBK) Mohammad Yousef Al-Hashel has said the Islamic Finance Conference (IFC) to be hosted by Kuwait tomorrow can provide a forum for global forum to develop a vision for the sustained growth of the Islamic financial industry. The conference …

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Tijari records net profit of KD 25.4 mln for nine months – Bank continues to maintain lowest NPL ratio at 0.94%

KUWAIT CITY, Oct 21: Commercial Bank of Kuwait announced net profit of KD 25.4 million for the nine months period of 2015 compared with KD 25.3 million of last year. The operating profit before provision was KD 74.0 million compared to KD 73.5 million for the same period during last …

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