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Kuwait International Bank announces increase in H1 profits

Kuwait International Bank has said its net profits for the first half of 2012 rose to KD6m, compared with KD5.48m a year earlier, Kuna has reported. The bank's total assets amounted to KD1.17bn at the end of last June, while total liabilities in the same period reached KD969.8m. Total shareholders' equity stood at KD208.6m last June, compared to KD201.2m in the same period last year, the lender said.