Commercial Bank of Kuwait

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Recent Articles

• Kuwait's CBK nears Syrian bank deal 17 July 2008

  Investment Dar close to finalising deal to sell its 12.5% position in Syria's Cham Bank to CBK.

• Interest income, forex trading drives CBK profit14 July 2008

  UPDATE 1: Commercial Bank of Kuwait Q2 earnings rise 11% to $136.7mn.

• CBK considers stake in Iraqi Islamic bank 22 June 2008

  Commercial Bank of Kuwait looks to take 50% stake in Baghdad-based Islamic lender - report.

• Gulf markets rebound12 March 2008

  Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.

• CBK eyes 70% stake in Yemeni bank6 March 2008

  Commercial Bank of Kuwait is seeking to buy 70% of Yemen Gulf Bank, daily Al-Qabas says.

• Noor Financial eyes bid for Banque du Caire3 March 2008

  Commercial Bank of Kuwait interested in Egypt's third-largest state bank.

• Kuwait's CBK posts 28.3% rise in profit18 October 2007

  Country's fourth-biggest lender sees net income rise to $112.2mn in Q3 compared with $87.5mn a year ago.

• Kuwait's CBK yet to agree BBK sale30 September 2007

  Commercial Bank of Kuwait contradicts local media report that CBK and Pearl to sell stakes in Bahraini lender.

• GCC banks to sell Bahraini bank stakes30 September 2007

  Commercial Bank of Kuwait and Peal of Kuwait Real Estate reach deal to sell stakes in Bank of Bahrain.

• Kuwait investors eye BBK stake25 August 2007

  Several investors are considering buying the Commercial Bank of Kuwait's 20% stake in the Bahraini lender.

• Kuwait to sell Bank of Bahrain stake to Zumorroda 23 August 2007

  Commercial Bank of Kuwait to offload stake for $278mn to Kuwaiti investment firm.

• CBK to sell Bank of Bahrain stake22 August 2007

  Negotiations in the final stages, but no agreement has been signed yet, according to Kuwaiti lender.

• NBK pays top dollar for Egypt’s Watany18 August 2007

  The National Bank of Kuwait (NBK) has paid the highest acquisition price in its history in order to takeover Al Watany Bank of Egypt beating off rivals Commercial Bank of Kuwait.

• Qatar bank eyes CBK12 August 2007

  Unnamed suitor in early talks to take majority stake in Commercial Bank of Kuwait, newspaper says.

• No decision yet on Al-Watany bid8 August 2007

  Commercial Bank of Kuwait still to decide how much it is prepared to pay for a stake in the Egyptian lender.

• CBK hints at $568mn Watany bid7 August 2007

  Commercial Bank of Kuwait says it could bid up to four times book value for Egypt's Al-Watany Bank.

• CBK eyes Watany stake4 August 2007

  Commercial Bank of Kuwait is planning to bid for a 60% stake in Egyptian lender Al-Watany.

• CBK could buy Turkish lender4 June 2007

  A Commercial Bank of Kuwait delegation visits Turkey to investigate a possible acquisition.

• CBK eyes stake in regional lender26 May 2007

  Newspaper says CBK is in advanced talks to buy 51% of regional lender.

• Kuwait's CBK denies takeover reports9 May 2007

  Bank denies claims that Qatari investors are looking to buy a 60% stake.