NBK’s Q3 Profits Jump 63%

NBK’s Q3 Profits Jump 63%

National Bank of Kuwait (NBK) reported strong earnings with net profits up 63% YoY to $312mn. Its loans and advances grew by 7.5% YoY to $62.8bn while customer deposits fell 1% to $57.6bn. For the nine months ending-September, NBK’s net interest margin stood at...
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