Commercial Bank of Kuwait profits triple in H1

Mubasher: The Commercial Bank of Kuwait (CBK) has reported a 200% year-on-year increase in net profits during the first half of the year.

Profits totalled KWD 6 million ($19.8 million), compared with around KWD 2 million in H1-17, according to the bank’s statement to Boursa Kuwait on Wednesday.

Operational profits reached KWD 54 million in H1-18, compared with KWD 53 million for the same period last year.

Source: Mubasher

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