Sun 26 Sep 2010 07:52 AM
Ibrahim Dabdoub
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Ibrahim Dabdoub

Industry: Banking & Finance

Designation: The largest Kuwaiti bank reported net profits of $499.3m for H1 this year, representing a fifteen percent rise year-on-year.

Country: Kuwait

Occupation: The largest Kuwaiti bank reported net profits of $499.3m for H1 this year, representing a fifteen percent rise year-on-year.

$101,711

National Bank Kuwait

Kuwait

The largest Kuwaiti bank reported net profits of $499.3m for H1 this year, representing a fifteen percent rise year-on-year.

Behind the increase is a 4,909-strong team that each generated $102,711 in the first six months. As of end June 2010, its total assets reached $43.1bn and CEO Ibrahim Dabdoub remains bullish about the bank's prospects. "NBK's profit generation capacity remained very strong despite the ongoing consequences of the global financial crisis," he said.