The National Bank of Kuwait (NBK) has raised its equity ownership slightly in Boubyan Bank by 0.75%, as showcased in the daily report on equity ownership in Boursa Kuwait’s leading stakeholders.

NBK has increased its owned shares in Boubyan Bank to 59.9% from 59.15%, during Sunday’s trading session.

It is noteworthy that NBK owns the largest stake in Boubyan Bank’s capital which stands at KWD 288.41 million, followed by the Commercial Bank of Kuwait’s (CBK) stake of 9.73%, according to the latest update on 22 May on Boursa Kuwait’s website.

Source: Mubasher

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