Latest News
- Internet Censorship Pact Condemned By MP-elect Bushehri
- Police Arrest Two Men Previously Convicted In Misdemeanor Cases
- The Theft Of 50 Birds In Kuwait’s Barr Abdaliyah Area
- Anti-Corruption Authority Efforts Embrace An Integrated Work Sys...
- European Union Keen On Exempting Kuwaitis From Schengen Visa
- Expat Admits Killing His Compatriot In A Quarrel Over Cash
- Decomposed Corpse Of A Girl Found In Nugra Flat
- 4.4% Private Sector Employment Sparks Concerns In Kuwait
- CSC Separates Job Appointments From Specific Agencies
- Municipality Shuts Store And Issues 23 Violations
- Kuwaiti Tweeter Jailed For Insulting Rulers, Judiciary, And Nati...
- MoH Opens Registration For Scholarships And Study Leaves
Gulf Bank Q1 Net Profit Slips 10 Percent As Bad Loans Weigh
Gulf Bank, Kuwait's fourth-largest lender by assets, reported a 10 percent fall in first-quarter net profit on Monday, as provisions and impairment losses for bad loans rose.
Net profit for the three months to Mar. 31 was KD8.77 million ($29.09 million), compared to KD9.78 million in the year-earlier period, a bourse filing said.
It attributed the net profit fall to a 14 percent increase in provisions and impairment losses, without elaborating.
Â
SOURCE : ARABIANBUSINESS
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Gathering For Eid Al-Fitr Prayers: Kuwaiti Citizen...
10 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
Comments Post Comment