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NBK Q3 net profit rises 9.1pc

RIYADH, October 13, 2015

National Bank of Kuwait, the country's largest commercial lender, reported a 9.1 per cent rise in third-quarter net profit as interest income rose, it said on Tuesday.

The bank made a profit of KD64.5 million ($213.8 million) in the three months to September 30, compared to KD59.1 million a year ago, it said in a bourse filing.

Two analysts polled by Reuters had forecast NBK would make a quarterly profit of KD71 million -KD71.8 million.

NBK made a net profit of KD227.9 million in the first nine months of this year, up 11.8 per cent from the year-earlier period. - Reuters




Tags: Kuwait | NBK | profit |

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