What do the numbers say about the Kuwaiti banking system?
When the National Bank of Kuwait, the country’s biggest publicly traded lender, revealed its Q3 results at 73.7 million Kuwaiti Dinars (AED895.4m), or 7.3 percent increase QoQ for a total 9-month profit of 238 (AED2.89bn) million, it reflected how robust lending, a mainstay of banking, is in the country. “Credit…
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