Bank of Bahrain and Kuwait posts $77.4mln profit – ZAWYA

Bank of Bahrain and Kuwait posts $77.4mln profit – ZAWYA

bank of bahrain and kuwait posts $77.4mln profit due to the economic effects of covid-19 pandemic during 2020, the bank's financial performance has been negatively impacted    manama: bbk has reported a net profit of bd29.2 million for the half year ended june 2020, a decrease of 27 per cent when compared with bd40m in the same period of the previous year.basic and diluted earnings per share amounted to 22 fils for the period compared with 32 fils during the same period last year.due to the economic effects of covid-19 pandemic during 2020, and the global interest rates cut in late 2019, the bank's financial performance has been negatively impacted.basic and diluted earnings per share amounted to 22 fils for the period compared with 32 fils during the same period last year.manama: bbk has reported a net profit of bd29.2 million for the half year ended june 2020, a decrease of 27 per cent when compared with bd40m in the same period of the previous year.due to the economic effects of covid-19 pandemic during 2020, and the global interest rates cut in late 2019, the bank's financial performance has been negatively impacted.this resulted in 15.8pc decrease in interest income to