Kuwait-Mubasher: Ahli United Bank Kuwait (AUB Kuwait) posted a 1.4% rise in first-quarter profits, according to a bourse statement.
Profits reached KWD 15.59 million ($51.61 million) in the first quarter of 2016, compared to KWD 15.38 million ($50.92 million) in the same quarter of 2015.
The quarterly profit growth is mainly attributed to an increase in the bank's operating income.
AUB remained unchanged at 420 fils after one hour of trading, generating KWD 4,400 from the exchange of 10,400 shares.
