Thursday 17 July 2014

Kuwait’s NBK Q2 profit rises 29 per cent, misses estimates | GulfNews.com

Kuwait’s NBK Q2 profit rises 29 per cent, misses estimates | GulfNews.com:



"National Bank of Kuwait , the Gulf Arab state’s largest commercial lender, reported a 29 per cent rise in second-quarter profit on Wednesday but missed analysts’ estimates.



Net profit climbed to 60.9 million dinars ($215.8 million) in the three months to June 30 from 47.2 million dinars a year earlier, according to Reuters calculations based on the bank’s first-half financial statement.



Analysts in a Reuters poll had predicted 74.8 million dinars profit on average."



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