Monday 18 June 2018

NBK Q1 net profit from AWB hits $18m

National Bank of Kuwait (NBK) has posted EGP103 million ($18.34 million) from Al Watany Bank (AWB) of Egypt operations during the first quarter of 2009 compared to EGP99.7  million during the same period of 2008, marking a rise of 3.4 per cen


CBK eyes 60pc of Watany

Commercial Bank of Kuwait (CBK) plans to bid for a 60 per cent stake in Egyptian lender Al Watany Bank of Egypt, a Kuwaiti newspaper said. Al Watan also said an unidentified Kuwaiti investor plans to acquire 10 per cent in the Egyptian ba


CBK to evaluate Al Watany of Egypt

Commercial Bank of Kuwait (CBK) will evaluate Al Watany Bank of Egypt before deciding whether to make an offer for a stake in the lender, a Kuwaiti newspaper said. Egypt's central bank agreed in June to allow three banks, including Commer

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