Kuwait Finance House eyes US, China markets

Bader al-Mukhaizeem, Chairman of Kuwait Finance House, has said the lender plans to expand in international markets including the US, Canada and China, Reuters has reported. Overseas markets contributed 43% of the earnings for the lender, which is Kuwait's largest Islamic bank. Al-Mukhaizeem also said that 2010 earnings are expected to be in line with those in 2009. 'I don't expect them to be up by much from 2009. Maybe in the second half things will improve,' he told the news service.