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Kuwait: Boubyan Bank to climb 20 percent in revenue
(MENAFN) Revenue of Kuwait-based Boubyan Bank was revealed by reports circulating the media to be forecast to see a 20 percent surge next year.
Boubyan Bank, Arqaam Capital is projecting, will register KWD 183 million in its revenues by the results of next year.
The bank's profit is also likely to hit record KWD 67 million by 2020, KWD 75 million by 2021, and KWD 92 million by 2022.
During this year's second quarter, the bank generated USD47 million in its net profit to mark an 8.1 percent surge.
Boubyan Bank, Arqaam Capital is projecting, will register KWD 183 million in its revenues by the results of next year.
The bank's profit is also likely to hit record KWD 67 million by 2020, KWD 75 million by 2021, and KWD 92 million by 2022.
During this year's second quarter, the bank generated USD47 million in its net profit to mark an 8.1 percent surge.
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