kuwaiti total assets increase 25 since beginning 2011
Last Updated : GMT 11:48:14
Arab Today, arab today
Arab Today, arab today

Kuwaiti total assets increase 2.5% since beginning 2011

Arab Today, arab today

Arab Today, arab today Kuwaiti total assets increase 2.5% since beginning 2011

Kuwait - Kuna

The total assets of Kuwaiti banks listed in the Kuwait Stock Exchange (KSE) witnessed an increase of 2.5 percent since the start of January until the end of June 2011, amounting to KWD 46,8 billion (USD 169 billion), An Asset Management Company (KAMCO) report said on Wednesday. The report noted that the banking sector dropped 0.9 percent after a gain of 3.4 percent in the first quarter of 2011. The drop in assets in the second quarter of the same year was due to a low of liquidity of 7.7 percent, amounting to KWD 643 million (USD 2,3 billion). The impact of loan portfolio was absent in the total development of banking sector since these assets have not witnessed any gain but instead they have stabilized at KWD 27,8 billion (USD 100 billion) from March to June 2011.Banking sector was able to enhance its market capitalization and maintain a strong shareholders\' equity, which increased by 1.7 percent to reach KWD 5,9 billion (USD 21,4 billion). The Shareholders\' equity shed 0.6 percent driven by good profits, amounting to KWD 295 million (USD 1,1 billion).Kuwaiti banks\' consolidated statements of shareholders\' equity growth during the second quarter of 2011 came after a decrease of 2.2 percent in the first quarter of 2011 due to a KWD 253 million (USD 909 billion) cash profit distribution to shareholders by 5 out of 9 banks. Most of banks were able to increase their shareholders\' equity base during the second quarter of 2011. National Bank of Kuwait (NBK) held the strongest equity base, reaching KWD 2.20 billion. Kuwait Finance House (KFH) came second with KWD 1.27 billion equity base at the end of June 2011.In an analysis of loan portfolio given by Kuwaiti banks showed that credit policies in giving loans were still \"conservative\".

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwaiti total assets increase 25 since beginning 2011 kuwaiti total assets increase 25 since beginning 2011

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwaiti total assets increase 25 since beginning 2011 kuwaiti total assets increase 25 since beginning 2011

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today The Big Apple bike boom

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Leaders of Russia, Iran, Turkey meet

GMT 10:12 2017 Wednesday ,22 November

Leaders of Russia, Iran, Turkey meet
Arab Today, arab today 'Advanced' cyber attack targets Saudi Arabia

GMT 10:18 2017 Wednesday ,22 November

'Advanced' cyber attack targets Saudi Arabia
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 13:41 2017 Tuesday ,21 November

French choke up over proposal

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday