In interview with Global Finance magazine, Kuwait Finance House (KFH)'s Acting Group Chief Executive Officer, Abdulwahab Iesa Al Rushood said that KFH's indicators reflected solid financial soundness in terms of assets, capital adequacy and liquidity ratios. He added that KFH achieved KWD 584 million (USD 1.9 billion) in net profit, a remarkable 63% more than in 2022 and the highest-ever profit in the history of Kuwait's banking sector. Total assets reached KWD 38 billion (USD 123.2 billion), [...]

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Kuwait Finance House KSC published this content on 07 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 March 2024 11:59:05 UTC.