Tuesday 19 June 2018

Burgan Bank Q3 profit rises 34pc

Kuwait City, October 22, 2008

Kuwait's Burgan Bank, a unit of investment firm Kuwait Projects Co (Kicpo), posted a 34 per cent increase in third-quarter net profit.

Net profit for the three months to Sept. 30 amounted to 19.36 million dinars ($72.29 million), or 20.5 fils per share, after 14.47 million dinars, or 15.3 fils per share, in the same period a year ago, the lender said in a statement on the bourse website on Wednesday.

The lender, which has no foreign operations, gave no explanation for the profit rise. - Reuters

Tags: Kuwait bank | Burgan |

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