Commercial Bank of Kuwait Profits KD 46.2 Million for 2015


(MENAFN- Qatar News Agency) Commercial Bank of Kuwait (CBK) announced Saturday a net profit of KD 46.2 million for the year 2015.

The Board recommended 13% cash dividend, equivalent to 13 fils. They also recommended a 6% bonus shares. The bank reported that operating profit were at KD 99 million for the year 2015. The earnings per share are 32.7 fils.

The profit distribution recommendations are subject to the approval of the regulatory authorities in Kuwait and the General Assembly of the Bank.


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