By: Mohammad Farouk
Mubasher: The National Bank of Kuwait (NBK) and Kuwait Finance House (KFH) are expected to register higher profits in the first half of fiscal year 2017, capital market analyst Ahmad Jassim Al Qomar said.
NBK is forecast to post profits worth KWD 163 million in H1-17, 8% higher than KWD 150.6 million in H1-16.
KFH's financials in H1-17 are projected to report a profit of KWD 80 million which is 13% higher than KWD 71 million in the corresponding period of 2016, the analyst added.
