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Kuwait’s Burgan Bank Q1 Net Profit Up 10%
Burgan Bank, Kuwait’s third-largest lender by assets, reported a 10 per cent increase in first-quarter net profit on Sunday, beating analyst estimates, thanks to higher income from interest, commissions and fees. Burgan, a unit of Kuwait Projects Co (KIPCO), made a net profit of KD17.1 million ($60.8 million) in the…
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