Kuwait- Baitak announces KD 145.8 mln net profit for 2015
Date
1/28/2016 5:49:48 AM
(MENAFN- Kuwait News Agency (KUNA)) KUWAIT Jan 28 (KUNA) -- Kuwait Finance House (Baitak) announced on Thursday net profit of KD 145.8 million for the year 2015 compared to KD 126.4 million in 2014.The Bank's board of directors recommended distributing 17% cash dividends and 10% bonus shares to shareholders for 2015.Shareholders equity reached KD 1.77 compared to KD 174 later year.The Bank's assets rose to KD 16.5 billion while deposits reached KD 15 billion.Kuwait Finance House was established in 1977 and was enlisted in the Kuwait Stock Exchange (KSE) in 1984 with a capital of KD 476.5 billion (end) fh.nfm
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