Kuwait-Mubasher: Boubyan Bank recorded 26.5% growth in profits year-on-year.
The bank posted KWD 10.1 million in the fourth quarter of 2015, compared to KWD 7.9 million in the same quarter of 2014.
Boubyan’s net earnings reached KWD 35.2 million in the fiscal year 2015 as compared to KWD 28.24 million in FY14; an increase of 25%.
The board of directors has proposed 5% cash dividends or 5 fils per share, as well as 5% bonus shares or 5-for-100 shares.
