Kuwait – Mubasher: Burgan Bank posted a 20.6% year-on-year decline in its profits during the third quarter of 2016, according to a bourse statement.
Profits reached KWD 17.19 million ($56.76 million) in Q3-16, compared to KWD 21.64 million ($71.46 million) in Q3-15.
In the first nine months of 2016, profits fell 17.7% to KWD 48.61 million from KWD 59.03 million in the same period of 2015.
