Kuveyt Turk Bank Posts USD 85m Net Profit in Q1
Kuveyt Turk bank
Ankara - QNA
Istanbul-based participation Kuveyt Turk bank announced net profits of USD 85 million for the first quarter of 2016, an increase of 24.4%, compared with the same period of 2015.
The CEO of the bank Ufuk Uyan said in a statement that the bank's total assets reached USD 15 billion, up 4.9% since the end of 2015, meanwhile shareholder equity reached USD 1.24 billion, an increase of 8%, according to Kuwait's News Agency (KUNA).
He added that it opened 30 new branches in different cities in Turkey during this year.
The bank ranked first among participation banks in the country, he said, noting that the bank, which is a subsidiary of Kuwait Finance House, has 5,363 employees in 376 branches.
- Friday ,16 November GMT 15:05 2018 World Bank Regional Vice President First Visit to West Bank and Gaza
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and Gaza
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 03:19 2018 Tuesday ,02 January
5 ways to jump-start your heart health
GMT 20:17 2017 Friday ,29 September
Playboy's impact on women still has people talking
GMT 09:05 2017 Saturday ,11 February
How algorithms (secretly) run the world
GMT 07:57 2016 Friday ,09 December
At least 50,000 Daesh fighters killed
GMT 05:44 2017 Monday ,25 September
Air Berlin sell-off: what passengers need to know
GMT 20:40 2017 Sunday ,26 March
Westminster attacker acted alone, motive may never be known
GMT 18:53 2017 Tuesday ,18 April
Russia, US, UN Plan to Hold Meeting on Syrian Crisis Next Week in Geneva
GMT 17:40 2017 Monday ,20 February
ESCWA marks World Day of Social Justice with Cultural Tones
GMT 07:00 2017 Wednesday ,08 February
Israeli settlement bill legalizes theft of Palestinian land
GMT 00:52 2017 Thursday ,14 December
Komi President leaves Bahrain
GMT 05:36 2017 Tuesday ,25 July
IMF optimistic on euro zone growth but cuts UK’s GDP
GMT 02:05 2017 Saturday ,28 October
Aug24/Sep23
GMT 15:08 2017 Friday ,14 April
UN decries plight of pregnant women as famine looms in Somalia
GMT 10:50 2017 Sunday ,25 June
Al-Salem Johnson Controls serves Makkah visitors with HVAC solutions
GMT 02:12 2017 Friday ,17 March
Dubai Police enters Guinness Book of World Records with fastest patrol
GMT 18:23 2017 Thursday ,23 February
Ashmawi supports latest economic decisions
GMT 01:04 2017 Tuesday ,03 January
Border guards destroy openings to 12 tunnels in Sinai
GMT 15:57 2017 Friday ,10 February
King Fahd Chair for Cancer Research gets new chair
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor