The Gulf's 50 Biggest Companies
Thu 21 Apr 2011 09:35 AM
Commercial Bank of Kuwait
37

Commercial Bank of Kuwait

Industry: Banking & Finance

Company: Commercial Bank of Kuwait

Country: Kuwait

Wealth: 4.28 Billion

In February of this year, Commercial Bank of Kuwait announced a fifteen percent cash dividend for the year 2010. This followed the announcement of net profit for 2010 standing at $146.5m, up from the $527,857 reported last year. In March 2011, the bank completed the signing of a syndicated facility agreement with Al Ghanim International General Trading & Contracting Company.