Kuwait - Mubasher: The market share of Boubyan Bank went up by 7.2% in 2016, said the deputy chairman, Adel Abdulwahab Al Majed in a statement on Monday.
According to Al Majed, the bank’s share in retail finance increased to 10.3%, with the bank’s total equity increasing to KWD 345 million compared to KWD 318 million in 2015.
Al Majed also noted that the bank’s financing portfolio grew by 16% in 2016 to KWD 2.5 billion.