Thursday 19, July 2012 by Robin Amlôt
National Bank of Kuwait reports H1 net profits of $431.2 million
National Bank of Kuwait (NBK) opted to set aside $96.4 million in judgmental provisions in H1 2012 in the face of a challenging operating environment and weakening outlook but profits from international operations grew by 44 per cent YoY, while increasing the stake in Boubyan Bankopens new growth prospects in Islamic banking.
