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AUB-Kuwait's 2012 net income rose 22.2%
- Kuwait: Wednesday, January 23 - 2013 at 05:14
Al-Ahli United Bank of Kuwait (AUB) has announced its net profit for 2012 rose to KD38.5m, compared with KD31.5m in the previous year, Kuna has reported. The financial results of the AUB in 2012 showed a 22.2% growth in net profits despite the bank's decision to back assets and precautionary allocations by KD16.8m, said AUB managing director, Hamad Al-Marzouq. Operating profits has jumped up by 48% to KD86.4m, Al-Marzouq said.
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