Tuesday , October 17 2017

Tag Archives: kib

KIB achieves KD 11 mln net profit for H1 – Bank continues to deliver strong performance in spite of economic challenges: Al-Jarrah

KUWAIT CITY, July 17: Kuwait International Bank (KIB) reported a net profit of KD 11 million with earnings per share (EPS) reaching 11.69 fils during the first half of 2017 while registering total operating income of KD 31 million. Chairman of KIB, Sheikh Mohammed Jarrah Al-Sabah, noted that the Bank’s …

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KIB sponsors Thoub Expo – Move to support local female designers

KUWAIT CITY, June 1: As part of its ongoing commitment to support youth initiatives and local small businesses, Kuwait International Bank (KIB) announced its sponsorship of ‘Thoub Expo’, the exhibition dedicated to showcasing local Ramadan fashion-related products. This year’s exhibition was held at 360 Mall, featuring the participation of a …

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KIB recognized by Forbes Middle East – Bank among 50 most powerful listed companies in Kuwait

KUWAIT CITY, May 31: Kuwait International Bank (KIB) was recently recognized by Forbes Middle East as one of the top 50 listed companies in Kuwait at the “Celebrating Kuwait’s Success” awards ceremony. Organized by Forbes Middle East, this annual ceremony was held to honor companies and individuals that have made …

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KIB wins ‘Best Change Management’ award – Award reaffirms role bank plays in supporting national economy: El Saka

KUWAIT CITY, May 22: Kuwait International Bank (KIB) was recently awarded “Best Change Management — Kuwait” by The Banker Middle East; an organization specializing in financial news and analysis of banks and companies across the Middle East and beyond. KIB’s Acting Chief Executive Officer, Mohamed Said El Saka, received the …

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KIB posts KD 7.6 mln net profit for Q1

Total assets higher by 7%; financial receivables rise by 10% KUWAIT CITY, April 15: Kuwait International Bank (KIB) reported a net profit of KD 7.6 million at the end of the first quarter of 2017, registering a growth of 13% compared to the corresponding period of the previous year, where …

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KIB holds AGM, approves 10% cash dividends

Despite challenges, Al-Dawli achieves overwhelmingly positive results in 2016, says Chairman KUWAIT CITY, March 18: The 2016 Annual General Meeting (AGM) for Kuwait International Bank (KIB) was held on Saturday, attended by 74.43 percent of shareholders approved the recommendation of the Bank’s Board of Directors to distribute cash dividends of …

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KIB’s showjumping team continues to achieve local and int’l success – Kuwait Int’l Bank extremely proud of young talented champions

KUWAIT CITY, Feb 26: Kuwait International Bank (KIB) announced that the showjumping team it sponsors, and which competes under the Bank’s name, recently garnered a slew of accolades at several local and international competitions. The KIB team features jockeys Ghazi Al-Juraei, Ahmad Al-Mudaheka, Abdullah Hamadah and Ahmad Al-Ansari. The first …

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KIB 2016 net profit rises 14% to KD 18.2 mln – EPS clocks 19.5 fils; Board proposes cash dividend of 10 fils per share

KUWAIT CITY, Jan 25: Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB) announced that during 2016, the Bank’s profits have increased by 14% to reach KD 18.2 million compared to KD 16.1 million in 2015. This growth is attributable to an increase in revenues accompanied by an effective …

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KIB uncovers attempted fraudulent ATM transactions: Chairman – No financial loss to bank nor its customers: Sheikh Al-Jarrah

KUWAIT CITY, Dec 25: Kuwait International Bank (KIB) announced that it has successfully uncovered a number of attempted fraudulent ATM transactions which took place in the United States over the past few days, using fake cards replicated from the cards of 22 existing customers. In a statement, Sheikh Mohammad Al-Jarrah …

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KIB awarded ‘Best Banking Vision in Kuwait’ – Islamic finance awards ceremony held in Dubai

KUWAIT CITY, Dec 5: Kuwait International Bank was recently awarded “Best Banking Vision in Kuwait” by CPI Financial in the Islamic Business & Finance Awards category, thereby garnering one of the leading regional awards recognizing banking excellence and rewarding pioneers in the field of Islamic fi¬nance. KIB’s Acting Chief Executive …

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