Warba Bank's financing portfolio grows by 40 pct
Warba Bank's financing portfolio grew by 40 percent to KD 543.8 million at the end of 2015, compared with KD 388.2 at the end of 2014. The bank's total assets reached KD 776.1 million at the end of 2015, compared with KD 594.8 million in 2014 with a growth rate of 30 percent, Vice Chairman and CEO Al Jassar Dakheel Al-Jassar added during the bank's general assembly on Wednesday. In 2015, the bank achieved significant growth in its operating income, which rose by about KD 7.7 million and amounted to KD 26.3 million, marking a growth of 42 percent compared with KD 18.5 million in 2014, Al Jassar stated.
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