KFH said that the company has approved free dividends as well, at 10% of the capital, with a total number estimated at 634.2 million shares.
The bank recorded annual profits in the past year of 227.41 million dinars, compared to 184.16 million dinars in 2017, an increase of 23.5%.
KFH is one of the oldest banks in Kuwait, as it was established in the beginning of 1977, while it was listed on the Kuwait Stock Exchange in late 1984.
The General Investment Authority in Kuwait holds the largest share in the bank’s capital by more than 24%, and the General Authority of the Palace owns about 10.5%, and the General Authority of Endowments holds 7.3% Of the capital, while the share of the General Organization for Social Insurance is 6.2%.
Namazon Services..programmed technical analysis platform ... for UAE, Saudi, and global markets
With your support we continue ... to provide valuable content and smart solutions for investors, to discover opportunities in the local and global markets.
To more:
Tadawul CEO expects foreign ownership of shares to increase to 10%
Qatari significance: losses of 21 million riyals in 2018
