Al Ahli Bank of Kuwait recorded a profit shift in the third quarter of 2021, amounting to 5.973 million dinars ($19.9 million), compared to a loss of 3.29 million dinars ($10.94 million). ) in the same quarter of 2020.
According to Arabiya Net, the bank said in a statement that the shift in profits is mainly due to the improvement in operating income and the decrease in provisioning costs.
In terms of results for the first nine months of 2021, the data indicated a shift to profits of 21.05 million dinars, compared to a loss of 7.94 million dinars in the corresponding period of the previous year. .
The bank's operating income increased by 12.7% during the first nine months of the year to 116.432 million dinars, compared to 103.286 million dinars in the same period of the previous year.< /p>
