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Kuwait’s Gulf Bank posts 15% rise in FY 2023 net profit to $231mln
Gulf Bank, Kuwait’s third-biggest lender by assets, saw its full year 2023 net profit jump by 15% to 71.2 million dinars ($231 million). The growth in earnings has been due to rising net interest income, which grew 5.8%, and improved non-interest income, which went up by 2.5%, the lender said…
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