The Kuwait Real Estate Bank has reported Wednesday that it had gained a net profit of over KD 12 million during the first nine months of 2005, which is an 11 percent rise compared to the same period of 2004.
According to Kuna, Board Chairman and Managing Director of the bank Abdulwahab Al-Wazzan said that the bank's profits in the third quarter were equivalent to the gains of the first and second quarters of this year hitting KD 5.8 million.