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-National Bank of Kuwait bullish on economy.

Global Banking News-April 18, 2013--National Bank of Kuwait bullish on economy(C)2013 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 18 April 2013

National Bank of Kuwait has said that it is bullish on the local economy.

The bank said that the local economy could pick up this year because of increased government spending on major projects. The bank reported profits in the first quarter that beat analysts' expectations.

Chief executive Ibrahim Dabdoub said, 'This is expected to boost economic activity and spur growth, creating new opportunities in the local economy.'

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Publication:Global Banking News (GBN)
Date:Apr 18, 2013
Words:114
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