Boubyan Bank earns some KD 20m

Boubyan Bank earned KD 20.2 million, at a rate of 10.3 fils per share, in nine months ending on September 30. The figures are in contrast to KD 9.32 million (4.75 fps) earned in the same period of time in the past year, the bank said in a statement released on Wednesday.
Overall shareholders' equity amounted to KD 287 million in the first nine months of 2014, compared to KD 258 million of the 2013 corresponding period.
Total assets reached KD 2.61 billion, liabilities KD 2.21 billion, in contrast to KD 1.84 billion last year. Boubyan Bank was established in 2004. It was listed in the Kuwait Stock Exchange in 2006, with a paid-up capital of KD 196.5 million.