Boubyan Bank expects to post profit growth in the high teens for 2016, Deputy Chief Executive Abdullah al-Najran al-Tuwaijri told Reuters. He added that earnings growth in 1H16 was 18% Y-o-Y and the bank expects by the end of this year to be at the same level of high teens. The bank reported a net profit of KWD18.91mn (USD62.6mn) in 1H16, up from KWD16.03mn in 1H15. Moody's has affirmed Boubyan Bank's Baa1 long-term deposit ratings and its Prime-2 short-term deposit ratings and has changed the outlook on the bank's long-term deposit ratings to positive from stable. (Reuters, Moody’s)