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Kuwaiti Commercial Profits Rise Q2
Kuwait Commercial Bank’s profits increased by 18.3% in the second quarter of 2026, reaching 38.27 million Kuwaiti dinars, compared to 32.34 million dinars in the same period of the previous year. Additionally, profits for the first half of the year grew by 3.2%, amounting to 62.28 million dinars. The rise in net profits was driven by higher operating revenues and a reduction in loan losses. The bank’s assets also grew by 7.9%, reaching 5.24 billion dinars, while operating revenues increased by 2.7% to 93.81 million dinars. The board of directors has decided to distribute a semi-annual cash dividend of 12 fils per share, with an estimated total of 23.67 million dinars.
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