Mubasher: Burgan Bank achieved an increase of 36% in profits to KWD 20.5 million ($68 million) in the third quarter of 2018, according to a recent statement.
During the first nine months of 2018, Burgan Bank recorded a year-on-year growth of 32% in profits to KWD 71 million ($235 million).
Burgan Bank’s operating revenue enlarged by 15% to KWD 206.6 million in the nine-month period ended September.
By the end of September 2018, total assets reached KWD 6.8 billion, loans stood at KWD 4.2 billion, while the clients’ deposits amounted to KWD 3.8 billion.
At the stock level, Burgan Bank closed Monday’s session at 279 fils.
