According to a statement by the Kuwait Stock Exchange, the bank made profits in the third quarter of 2021 of 5.97 million dinars (19.2 million dollars), or 9.07 million dinars, or approximately 29.1 million dollars.
Additionally, the Kuwaiti National Bank reported earnings of 27. 49 million dinars (88. 48 million dollars) in the first nine months of this year, an increase of 30.6% from its level of 21 dinars during the same period last year.
5,050,000 dinars (67. 75 million dollars).
The increase in operational income, according to the bank, was what caused profits to expand in the first nine months of this year. The bank’s total operational revenues increased by about 15. 5 percent to reach 134. 48 million dinars (432. 8 million dollars), compared to 116. 43 million dinars (374. 7 million dollars) in the nine months First from 2021.
In the first half of 2022, the National Bank of Kuwait’s profits climbed by 22% to reach about 18.4 million dinars (59.2 million dollars), up from about 15.1 million dinars (48.60 million dollars) in the same period last year.
Profits at Al-Ahly Kuwait increased by 52% in the third quarter.
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