NBK Bahrain reports 24% jump in 2013 net profit

February 19, 2014 1:37 am


The National Bank of Kuwait (NBK)-Bahrain, a member of NBK Group, has posted a growth of 24% in net profits for the year 2013 to $114m, compared with $92m a year earlier, Kuna has reported. Total assets jumped 41% year-on-year to $7.75bn as of end of December 2013, compared with $5.5bn at the end of the previous year. Customers’ deposits surged 114% year-on-year to $4.5bn at the end of 2013, compared with $2.1bn at the end of 2012, the bank said.

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