Kuwait's Gulf Bank Q2 net profit rises 34.4 pct

July 24, 2016 11:24 AM

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DUBAI, July 24 Gulf Bank, Kuwait's fourth-largest lender by assets, reported a 34.4 percent rise in second-quarter net profit on Sunday, as income from fees and investments edged higher.

Net profit for the three months to June 30 was 11.93 million dinars, compared to 8.88 million dinars in the year-earlier period, a bourse filing said.

Also read: Abu Dhabi Commercial Bank Q3 net profit falls 17 pct

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