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NBK posts H1 net profit of KD 160.8mn - ARAB TIMES

NBK posts H1 net profit of KD 160.8mn - ARAB TIMES
arabtimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabtimesonline.com Daily Mail and Mail on Sunday newspapers.

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NBK posts KD 246.3mn net profit for 2020 - ARAB TIMES

Board of Directors proposes distribution of cash dividend of 20 fils per share
Nasser Musaed Al-Sayer, NBK Group Chairman and Isam Al-Sager, NBK’s Group Chief Executive Offi cer
KUWAIT CITY, Jan 26: National Bank of Kuwait (NBK) posted a net profit of KD 246.3 million (USD 812.3 million) for the year ended 31 December 2020, compared to KD 401.3 million (USD 1.3 billion) for the same period last year; dropping by 38.6% yearon- year.
As of end of December 2020, NBK’s total assets grew by 1.5% on annual basis, to reach KD 29.7 billion (USD 98.0 billion), while customer loans and advances grew by 5.7% compared to the same period last year, to reach KD 17.5 billion (USD 57.7 billion) while customers’ deposits grew by 7.4% to reach KD 17.1 billion (USD 56.4 billion). NBK’s Board of Directors has proposed the distribution of a cash dividend of 20 fils per share, representing 55.6% of net profit, in addition to 5% bonus shares (5 shares for every 100 shares). ....

Saudi Arabia , National Bank , Al Qahirah , Isam Al Sager , Nasser Musaed Al Sayer , Nasser Al Sayer , Al Sayer , Board Of Directors National Bank , Boubyan Bank , Musaed Al Sayer , Chief Executive Offi , சவுதி அரேபியா , தேசிய வங்கி , நாசர் அல் சொல்பவர் , அல் சொல்பவர் , பலகை ஆஃப் இயக்குநர்கள் தேசிய வங்கி , தலைமை நிர்வாகி ஆஃபி ,