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Court orders KWD 9.9m payment to KIB

Court orders KWD 9.9m payment to KIB
Photo Credit: Arabianeye-Reuters
KIB
KIB`R
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Kuwait-Mubasher: Kuwait International Bank (KIB) said that the court of first instance has issued an order in its favour, obliging a defaulting client to pay KWD 9.9 million.

The bank said that no financial impact will be registered a final judgment is executed.

KIB stock levelled up 1.04% to 194 fils by the end of Thursday’s trading session.