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Boubyan Bank Kuwaiti profits rise 21% in the third quarter

Boubyan Bank Kuwaiti profits rise 21% in the third quarter

The bank said in a statement For the Kuwait Stock Exchange Net profits for the first nine months of 2024 amounted to 73.527 million dinars, compared to 61.1 million dinars during the same period in 2023.

The statement attributed this increase to an increase in net financing income by 20.1 million dinars and a decrease in the provision for impairment by 10.9 million dinars.

He pointed out Boubyan Bank In contrast, there was an increase in operating expenses amounting to 11.4 million dinars and an increase of 4.3 million dinars in external taxes.



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