Kuwait Finance House 9-Month Provisions Fell 11% to $435 Million, CEO Says

Kuwait Finance House’s nine-month provisions declined to 122 million dinars from 137 million dinars in the year-earlier period, said Mohammed Sulaiman Al- Omar, the chief executive officer of the country’s largest Islamic lender.

Kuwait Finance is “optimistic” about full-year results, he told reporters in the Kuwaiti capital today.

To contact the reporter on this story: Fiona MacDonald in Kuwait at fmacdonald4@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

• Facebook Share
• LinkedIn
• Google +1
• COMMENTS
• Print
• QUEUE