KFH says 9-mth provisions down 11 pct
Kuwait Finance House (KFH), the country’s biggest Islamic lender, saw an 11 percent drop in loan loss provisions in the first nine months of the year.
On Thursday, KFH posted a 23 percent decline in third-quarter net profit. Net income in the three months to Sept. 30 fell to 26.5 million dinars compared with 34.3 million dinars with the same period a year ago.
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