24 Hrs
Source:
اقتصاد سكاي نيوز عربية
Kuwaiti banks earn 922 million dinars first half 2026
Kuwaiti banks listed on the Kuwait Stock Exchange achieved a net profit of 922.2 million Kuwaiti dinars in the first half of 2026, marking a 4.6% increase compared to the same period in 2025. This growth continues to be supported by rising interest rates and expanding credit markets. The National Bank of Kuwait topped the earnings list with 363.1 million dinars, followed by Kuwait Finance House (KFH) with 324.8 million dinars. The total operating revenues for the sector grew by 7.8% to 2.35 billion dinars. Meanwhile, credit loss provisions increased by 31%, reaching 237 million dinars. The loan and financing portfolio continued to grow by 9.5% to 85.65 billion dinars, contributing to a 5.5% rise in interest and financing income, which amounted to 1.64 billion dinars. Total assets stood at approximately 140 billion dinars, reflecting an annual increase of 7.4%.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)