Bloomberg News

Kuwait Finance House’s Turkish Unit Increases Profit 18%

May 19, 2012

Kuwait Finance House KSC (KFIN) said first- quarter profit at its Turkish unit, Kuveyt Turk Katalim Bankasi AS, rose 18 percent from a year earlier to 87 million lira ($47 million).

The Istanbul-based bank opened 25 new branches during the period, bringing the total to 183, the lender said today in an e-mailed statement.

To contact the reporter on this story: Daliah Merzaban in Dubai at

To contact the editor responsible for this story: Claudia Maedler at

Silicon Valley State of Mind

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus