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Kuwait’s Burgan reports 19.4% jump in H1 earnings

: Thursday, July 24 - 2014 @ 04:09

Kuwaiti lender, Burgan Bank has said its first-half net profit grew 19.4% to KD33.3m compared with the same period a year earlier, Kuna has reported. Operating income rose to KD130.5m from KD127m last year, while operating profits before provisions climbed from KD71.2m to KD72.7m this year. Total assets increased by 4.6% to KD7.5bn and total equity was up by 9.8% to KD680.7m, the bank said.

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Thursday, July 24- 2014 @ 4:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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