National Bank of Kuwait's Q3 net profit drops 38% on bad debt provisioning
National Bank of Kuwait , the country's biggest lender, on Monday reported a 38% drop in third-quarter net profit, hit by higher provisioning for bad debt and the slowdown caused by the coronavirus pandemic. NBK's posted a net profit of 57.6 million dinar ($188.54 million) for the period ended September…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya