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Kuwait’s NBK reports 38% surge in Q1 profit on lower impairment losses

National Bank of Kuwait (NBK), the biggest lender in the Gulf country by assets, posted a 38 per cent jump in its 2022 first-quarter profit on lower impairment losses. Net profit attributable to the shareholders of the bank for the three-month period ending March 31 climbed to 116.6 million Kuwaiti…

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