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Commercial Bank Of Kuwait (S.A.K.) (Kuwait)

Main Activities: Commercial Banking
Full name: Commercial Bank Of Kuwait (S.A.K.) Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Commercial Bank of Kuwait is a public shareholding company incorporated in 1961 in Kuwait and is registered as a commercial bank with the Central Bank of Kuwait . The Bank provides a range of corporate and retail banking, treasury and investment banking products and services to individuals and corporations. The Bank offers its services primarily through three divisions Personal Banking, Corporate Banking and Tijari Funds. Its Personal Banking division offers checking accounts, on demand accounts, savings accounts, term deposits, loans, CBK cards and remittances. Its Corporate Banking division offers corporate credit, treasury services, international credit and trade finance. The Tijari Funds division offers a range of fund management services, which includes investment fund, money market fund, Gulf Cooperation Council (GCC) fund, Islamic fund, India fund and Islamic money market.

Headquarters
Mubarak Al-Kabeer Street, P.O.Box 2861 Safat
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13029

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Website: http://www.cbk.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1960
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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23.11%
Subsidiaries
Al-Tijari Financial Brokerage
98.16%
Boubyan Bank K.S.C
11.19%
Company Performance
Financial values in the chart are available after Commercial Bank Of Kuwait (S.A.K.) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net interest income
32.14%
Operating profit (EBIT)
51.38%
Net Profit (Loss) for the Period
51.05%
Total assets
-3.12%
Total equity
0.04%
Total Assets Trend
N/A
Net Interest Income Trend
16.92%
Loans to Deposits Ratio
10.73%
Loans to Asset Ratio
2.21%

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