Ahli Bank of Kuwait (ABK) reported a net income of KWD35.7mn for FY2017, up 10% Y-o-Y, on higher net interest income (+3% Y-o-Y) and trading and investment income (c.2x Y-o-Y), while keeping costs under control. Earnings for 4Q17 came in at KWD13.6mn, more than doubling Q-o-Q (+7% Y-o-Y), driven by a 3x investment income growth Q-o-Q, and net interest income growth of 1.5% Q-o-Q. Loan growth was relatively unchanged Q-o-Q in 4Q17, up only 1.5% Y-o-Y, while deposits fell 1.3% Q-o-Q (+1.4% Y-o-Y).  ABK has proposed the distribution of a cash dividend of 12 fils per share, which implies a dividend yield of 3%