Tuesday 13 July 2010

Kuwait's NBK Q2 net profit jumps 10 percent | Reuters


National Bank of Kuwait (NBKK.KW) (NBK), the country's largest bank by assets, posted a 10 percent rise in second-quarter net profit on Tuesday.

Reuters calculated second-quarter net profit of 68.9 million dinars ($237.5 million) based on previous financial data, which showed NBK posting a net profit of 76.3 million dinars in the first quarter.

Net income in the first half of the year was 145.2 million dinars, NBK said in a statement.

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