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NBK Q1 net profit from AWB hits $18mNational Bank of Kuwait (NBK) has posted EGP103 million ($18.34 million) from Al Watany Bank (AWB) of Egypt operations during the first quarter of 2009 compared to EGP99.7 million during the same period of 2008, marking a rise of 3.4 per cen More… |
CBK eyes 60pc of WatanyCommercial Bank of Kuwait (CBK) plans to bid for a 60 per cent stake in Egyptian lender Al Watany Bank of Egypt, a Kuwaiti newspaper said. Al Watan also said an unidentified Kuwaiti investor plans to acquire 10 per cent in the Egyptian ba More… |
CBK to evaluate Al Watany of EgyptCommercial Bank of Kuwait (CBK) will evaluate Al Watany Bank of Egypt before deciding whether to make an offer for a stake in the lender, a Kuwaiti newspaper said. Egypt's central bank agreed in June to allow three banks, including Commer More… |
