Kuwait International Bank (KIB) News - Mubasher Info
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Kuwait International Bank (KIB`R)

Last update: 2 April 01:14 PM market time.
288.00
93.00
47.69%
Open 285.00
Previous Close 195.00
High 288.00
Low 284.00
Stock Statistics
Volume 3,388,744
Turnover 969,982.91
All data are 15 minutes late during market session

News

Photo Credit: Arabianeye-Reuters
11 May 2015 08:19 AM Kuwait’s Social Insurance raises stake in 2 firms
Kuwait Stock Exchange’s equity ownership saw changes in three companies on 10 May, as General Organization for Social Insurance increased its stake in Kuwait International Bank (KIB) to 9.130% from 7.970%.Moreover, the social insurance …
Photo Credit: Arabianeye-Reuters
28 April 2015 08:48 AM KIB profits soar 15% in Q1
Kuwait International Bank (KIB) recorded a growth of 15% in its earnings of the first quarter of 2015.The bank posted a net profit of KWD 5.78 million ($19.1 million) in Q1-15, compared to KWD 5.03 million ($16.6 million) in Q1-14.KIB’s earning …
Photo Credit: Arabianeye-Reuters
28 March 2015 11:06 AM KIB mulls Sukuk issue in next period, CEO says
By Ahmed AwadKuwait-Mubasher: Kuwait International Bank (KIB) plans to issue Sukuk in the next period, said CEO Loai Fadil.He told Mubasher that the lender studies all available options in this regard, and whether the Sukuk will be issued in the …
Photo Credit: Arabianeye-Reuters
28 March 2015 10:24 AM KIB shareholders OK 9% cash dividend for 2014
By Ahmed AwadKuwait-Mubasher: Shareholders of Kuwait International Bank (KIB) approved cash dividend at 9% of the stock's par value, or 9 fils per share, for the fiscal year 2014.The lender posted a 4% rise in FY14 net earnings to KWD 13.7 …
Photo Credit: Arabianeye-Reuters
25 March 2015 11:16 AM KIB receives $56m debt settlement offer
A debtor to Kuwait International Bank (KIB) requested from a local bank to offer a debt settlement plan to pay the KWD 16.8 million ($56 million) debt.As previously mentioned, KIB and the local bank are currently carrying out the primary …
Photo Credit: Arabianeye-Reuters
24 March 2015 09:41 AM KIB to settle debt with customer
Kuwait International Bank (KIB) said that one of its debtors has requested a local bank to offer a debt settlement plan to the KIB.The two banks are currently carrying out the primary procedures to complete the debt settlement.KIB’s capital stands …
Photo Credit: Arabianeye-Reuters
3 March 2015 01:26 PM KIB to fund Al-Baraka Turk through consortium
Kuwait-Mubasher: Kuwait International Bank (KIB) declared that it is among a bank consortium to arrange for financing the Turkish Bank Al-Baraka with $150 million.   KIB denied being the head of the consortium, confirming that KIB is …
Photo Credit: Arabianeye-Reuters
3 February 2015 01:54 PM Kuwait International Bank board recommends 9% cash dividend
Kuwait International Bank's Board of Directors has recommended a cash dividend of 9% (KWD9 fils) per share subject to the Annual General Assembly and regulatory approvals. Mohamed Al Sabah the bank's chairperson said "The bank has succeeded …
24 November 2014 09:38 AM Al Dawli set to auction off properties worth KWD 11.6m
Kuwait International Bank (Al Dawli) will hold an auction to sell seven properties owned by Kuwait Investment Authority (KIA) on December 1, 2014, at a total value of KWD 11.6 million, according to Al-Qabas newspaper.The bank reported KWD …
23 November 2014 10:18 AM Fitch Ratings affirms 9 Kuwaiti banks
Fitch Ratings has affirmed the long-term issuer default ratings (IDR) of National Bank of Kuwait (NBK), Kuwait Finance House (KFH), Gulf Bank (GB), Commercial Bank of Kuwait (CBK), Al Ahli Bank of Kuwait (ABK), Ahli United Bank …
3 November 2014 09:16 AM Al-Dawli Q3 profit up 7% to KWD 10m
Kuwait International Bank (Al-Dawli) posted KWD 9.95 million net earnings for the third quarter of 2014, rising 7% compared with KWD 9.29 million in the same period of last year, Al-Anbaa newspaper reported citing …
5 August 2014 09:47 AM Kuwait International Bank post KWD 8.9 million profits in H1
Kuwait International Bank has announced its financial for the first of 2014, posting a net profit of KWD 8.9 million against KWD 6 million in the same period a year earlier, an increase of 48%. Operational …