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Article: NBK Bahrain reports record net profits of USD 88.9 million for the first of half of 2009
- Article from:
- Al Bawaba
- Article date:
- September 6, 2009
CopyrightCopyright 2009 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Dabdoub: a strong evident that our regional expansion policy is
successful and we will further expand our operation in the Kingdom
of Bahrain to provide the best services to our customersNational
Bank of Kuwait Kingdom of Bahrain, a branch of NBK Group announced
record net profits of USD 88.9 million (BHD 33.5 million) in the
first half of 2009 compared with USD 57.1 million (BHD 21.6 million)
in the same period of 2008, an increase of 55% over last year. The
Bank's performance remains solid and impressive given the
challenging environment for financial and non-financial institutions
worldwide.
Ali Fardan, NBK Bahrain General Manager, said "this strong
performance attests to the solid ...