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National reports 2026 H1 profit of 324.8 million dinars

National reports 2026 H1 profit of 324.8 million dinars

National Bank of Kuwait achieved a net profit of 324.8 million Kuwaiti Dinars (approximately $1.1 billion) during the first half of 2026, representing a 3% increase compared to the same period in 2025. The bank also experienced robust growth in its assets, which rose by 5.9% to 46.2 billion Kuwaiti Dinars, while customer deposits increased by 13.1% to 27 billion Kuwaiti Dinars. Additionally, its loan and credit portfolio grew by 8.9% to 27.8 billion Kuwaiti Dinars. The results demonstrate the bank’s resilience despite geopolitical challenges and regional uncertainties, reaffirming its commitment to sustainable growth and its efforts to strengthen sustainable financing and banking technology.

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