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FINANCIAL NEWS
Kuwaiti Tijari logs USD84m net profit in Jan-Sept
22 Oct 2015
(MENAFN) Commercial Bank of Kuwait (Tijari) declared gross profit of USD84 million for the first nine months of 2015 as opposed to USD83.6 million last year.
The bank carried on its practical policy to use the operating profits to build the provisions and aggressive policy of write off adopted to clean the loan port.
The institute saw a growth in dividend income by 127% and the fee income grew by 9%, plus it continues to maintain the lowest non-performing loans ratio.
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