KIB reports growth in Q1 earnings

May 12, 2014 9:52 am

Shari’ah-compliant Kuwait International Bank (KIB) has said its first-quarter net income rose to KD5m, compared with KD4.24m a year ago, Kuna has reported. Total assets reached KD1.5bn with liabilities of KD1.27bn, compared with KD1bn. Total shareholders’ equity for the quarter stood at KD223.2m, up from KD213.5m recorded in the same period in 2013.