Kuwait Finance House 2013 net profit up 32 pct

KUWAIT Mon Feb 3, 2014 7:59am EST

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KUWAIT Feb 3 (Reuters) - Kuwait Finance House, the Gulf state's largest Islamic bank, said its 2013 net profit rose by a third and that its board had proposed a 13 percent dividend distribution and 13 percent bonus shares.

Net profit was up 32 percent to 115.9 million dinars ($409.69 million) compared to the same period a year earlier, the bank said in a statement. ($1 = 0.2829 Kuwaiti dinars) (Reporting by Sylvia Westall)

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