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Kuwait Intl Bk to Swap 8.56% Stake in Warba for 33.6% of Islamic Insurer

Fri, 2013-03-15 17:41 — newsdesk

Kuwait Intl Bk is planning to swap its 8.56% Stake in Warba for 33.6% of Islamic Insurer Ritaj Takaful Insurance Co. The Islamic commercial bank said in a statement posted on the Kuwait bourse website on Wednesday that it has decided to exit its interest in Warba.

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http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFc-aoxgoiNTG2krIqibF...

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