National Bank of Kuwait Q4 profit rises 5.4% | ZAWYA MENA Edition

National Bank of Kuwait Q4 profit rises 5.4% | ZAWYA MENA Edition:

"National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 5.4 percent rise in fourth-quarter net profit, in line with analysts' forecasts, according to Reuters calculations.

The bank made a net profit of 80.0 million dinars ($266.3 million) in the three months to Dec. 31, compared with 75.9 million dinars a year earlier, Reuters calculated based on annual financial statements in lieu of a quarterly breakdown.

The average forecast of three analysts polled by Reuters was for a quarterly net profit of 83 million dinars. "



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