Principal Activities
Provides commercial banking services including deposits, loans and credit cards; investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting.
Date of Establishment Year
1960 (October)
No of Employees
1,503 Company, N/A Group (As of Feb 21, 2011)
|
Acquistion
Status
Complete
Acquirer
Target
Announcement Date
26 Jan 2009
Closing Date
26 Jan 2009
|
Major Shareholders  |
Section Updated: 17Jan12
|
|
Foreign Ownership Limits
Section Updated: 01Mar10
49%
GCC Nationals
49%
Foreigners
|
| Direct Investments and Related Entities |
| Investments |
|
|
Auditors
| Deloitte and Touche Al Fahad, Al Wazzan and Company |
Ernst and Young Al Aiban Al Osaimi and Partners |
Law Firms
| Al Saraf and Al Ruwayeh Law Bureau |
|
| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
KWD'000 |
KWD'000 |
change (%) |
Total revenues  |
250,023
|
259,538
|
3.81 |
| Net profit |
(28,073)
|
19,059
|
167.89 |
| Total assets |
4,743,911
|
4,599,777
|
(3.04) |
| Paid-up capital |
250,770
|
250,770
|
0.00 |
| Shareholders' Equity |
407,853
|
410,715
|
0.70 |
| Shares outstanding |
2,455,249
|
2,459,824
|
0.19 |
| Market capitalization |
736,575
|
1,402,099
|
90.35 |
| Note: Current shares outstanding is 2,507,702,366 |
| » View Full Financials |
|
0.00%
Talk To Zawya Analyst
List Related Companies
Print
Download to PDF