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FinancialNews


  • 29-07-18

    Core earnings make 91 percent of Kuwait Finance House total profits in H1

    (MENAFN) Kuwait Finance House (KFH) was unveiled to have seen its core earnings account for 91 percent of the profits recorded during the first half of this year, from 83 percent during the same period in 2017.

    The figures have been shown by KFH Group Chief Executive Officer Mazin Saad Al-Nahedh in an interview while speaking on the bank's financial results for the first half of 2018.

    The findings demonstrate a successful execution of KFH's strategy which focuses on core banking business along with reaching sustainable profitability.

    The group CEO also added that the bank registered a 16.6 percent in net profits to shareholders, reaching KD 95.22 million compared to the same period last year.

    MENAFN2907201800450000ID1097214393

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