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Kuwait’s CBK second quarterly profit drops as provisions bite again

H1 operating profit of 47.3 mln dinars wiped out by provisions; H1 net profit 0.45 mln dinars vs 1.46 mln dinars yr-ago; Political deadlock, weak investment firms weigh on bank sector; Q2 net profit 0.12 mln dinars vs 0.13 mln dinars in 2011

August 8, 2012 4:25
 
Kuwait's Commercial Bank Names New Chairman

Kuwait's Commercial Bank Names New Chairman

Commercial Bank of Kuwait (CBK), the Gulf state's fourth largest lender, has named Ali al-Moussa as its new chairman, the company said in a statement posted on the bourse website on Monday

April 30, 2012 3:03
 
Kuwait Commercial Bank profit sharply down in 2011

Kuwait Commercial Bank profit sharply down in 2011

Commercial Bank of Kuwait (CBK) posted a sharp drop in full-year net profit on Sunday, according to a company statement.

February 6, 2012 2:32