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NBK's international presence spans many of the world's leading financial centers including New York, Europe, GCC, Middle East, Singapore as well as China (Shanghai). As of end-March 2017, NBK's capital adequacy ratio (CAR) reached 17.8% comfortably exceeding regulatory requirements. Total assets as of end of March 2017 reached KD 24.8 billion ($81.4 billion) up 0.6% compared to end of March 2016, while total shareholders' equity increased by 6.8% to KD 2.8 billion ($9.3 billion). Customer loans and advances reached KD 14.0 billion ($46.1 billion) as of end of March 2017, growing at 3.6% year-on-year, while customer deposits grew by 7.2% for the same period to reach KD 13.2 billion ($43.2 billion). Net operating income grew at 9.0% year on year to reach KD 195.4 million ($641.1 million).
AP6/35 Stopping climate change could boost the world economy by £15 trillion - Tuesday March 21 Efforts to slow climate change won't just keep the planet habitable. They will also boost the world economy by $19 trillion (£15.2 trillion). In its latest Inflation Report, the Bank upgraded its 2017 GDP growth forecast to 2 per cent, up from 1.4 per cent in November. It sold after a five-minute bidding war, that started at $56m, to Hong Kong jewellery retailer Chow Tai Fook at Sotheby's. According to data from the Office for National Statistics published on Tuesday, January's rise was the biggest since June 2014.
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collected by :Jack Luxor
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NBK reports KD 85.4 mln net profit for Q1
NBK's international presence spans many of the world's leading financial centers including New York, Europe, GCC, Middle East, Singapore as well as China (Shanghai). As of end-March 2017, NBK's capital adequacy ratio (CAR) reached 17.8% comfortably exceeding regulatory requirements. Total assets as of end of March 2017 reached KD 24.8 billion ($81.4 billion) up 0.6% compared to end of March 2016, while total shareholders' equity increased by 6.8% to KD 2.8 billion ($9.3 billion). Customer loans and advances reached KD 14.0 billion ($46.1 billion) as of end of March 2017, growing at 3.6% year-on-year, while customer deposits grew by 7.2% for the same period to reach KD 13.2 billion ($43.2 billion). Net operating income grew at 9.0% year on year to reach KD 195.4 million ($641.1 million).
AP6/35 Stopping climate change could boost the world economy by £15 trillion - Tuesday March 21 Efforts to slow climate change won't just keep the planet habitable. They will also boost the world economy by $19 trillion (£15.2 trillion). In its latest Inflation Report, the Bank upgraded its 2017 GDP growth forecast to 2 per cent, up from 1.4 per cent in November. It sold after a five-minute bidding war, that started at $56m, to Hong Kong jewellery retailer Chow Tai Fook at Sotheby's. According to data from the Office for National Statistics published on Tuesday, January's rise was the biggest since June 2014.
read more visit us profit
collected by :Jack Luxor
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