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Kuwait’s Burgan Bank Q2 net profit rises 23 pct

Burgan Bank, Kuwait’s third-largest lender by assets, reported a 23 percent rise in second-quarter net profit on Tuesday, beating analyst forecasts. A unit of Kuwait Projects Co KIPCO, Burgan made a net profit of 19.9 million dinars $65.7 million in the three months to the end of June, compared to…

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Click here to read the full story: AL Arabiya

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