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2026-08-10T00:00:00.000Z

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Najil Bank's H1 profits fall 93 Percent

Najil Bank's H1 profits fall 93 Percent

Gulf Bank's profits declined by 93% in the first half of 2026 compared to the same period in 2025, with shareholders' profits amounting to 404 thousand dinars versus 5.61 million dinars in the previous year. The bank's expenses increased to 10.1 million dinars, while profits for the second quarter of 2026 rose to 2.84 million dinars compared to 2.37 million dinars in the same period of 2025. Despite a 10% increase in overall profits in 2025 compared to 2024, the current results indicate a significant drop in profitability, with expenses continuing to rise.

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