Kuwait-Mubasher: The National Bank of Kuwait (NBK) achieved a net profit worth KWD 54.23 million ($178 million) in the fourth quarter of 2015, down 6.3% from KWD 57.8 million ($190 million) in the same quarter of 2014.
Kuwait’s largest bank reported a growth of 7.8% to KWD 282.2 million ($930 million) in the fiscal year of 2014/15, compared to KWD 261.8 million ($863 million) a year earlier.
The board of directors has recommended 30% cash dividends or 30 fils per share, and 5% bonus shares (on a 5-for-100 basis).
