CBK: Sum paid to KFH to impact results negatively

Kuwait – Mubasher: The Commercial Bank of Kuwait on Wednesday said that the sum it repaid to Kuwait Finance House (KFH) will negatively affect its third quarter results, according to a bourse filing.

The Kuwaiti Court of Cassation issued a ruling in favour of KFH, under which CBK repaid KWD 44.06 million in addition to legal fees.

Mubasher Contribution Time: 03-Aug-2016 08:34 (GMT)
Mubasher Last Update Time: 03-Aug-2016 08:34 (GMT)