boubyan bank\\s consumer finance at 4
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Boubyan Bank''s consumer finance at 4 %

Arab Today, arab today

Arab Today, arab today Boubyan Bank''s consumer finance at 4 %

Kuwait - Kuna

Boubyan Bank's share in consumer finance has reached four percent as oppose to the one percent when the bank was opened in 2009, said Chairman of the Board and CEO Adel Al-Majed here Tuesday. Al-Majed said in a press release that the bank managed to organize its budget, noting that would enable Boubyan to distribute profit to share holders within 2012-13 after approval from auditory authorities. Boubyan Bank has recently announced financial results for 2011 with the bank achieving net profit of KD eight million, an increase of 31 percent from 2010.

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