Mubasher: The CEO of the National Bank of Kuwait (NBK) said that non-preforming loans (NPL) are covered by 300%.
Isam Jassem Al Sager added in his remarks to CNBC Arabiya on Monday that the bank’s profits in Egypt rose by 70%.
Today, the National Bank of Kuwait (NBK) reported a rise in profits by 7.3% year-on-year in the third quarter of 2017 to KWD 73.67 million ($244.18 million), compared to KWD 68.65 million ($227.54 million) in the same period last year.
