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NBK to post 'small growth'

Ibrahim Dabdoub, CEO of Kuwait's largest bank by market value, National Bank of Kuwait has said the bank expects to post a "small growth" in 2009 profit, Bloomberg has reported. "It is small but it is still a growth," he said at the World Economic Forum's annual meeting in Davos, Switzerland. Dabdoub also said he does not see any increase in non-performing loans this year. "Non-performing loans are a part of the aftermath of the credit crisis," he said.

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