Banks hold 10.52 billion dinars in zero-interest deposits
Banking data in Kuwait during the first five months of 2026 showed an increase in the value of private sector deposits, which grew by 1.37% (equivalent to 619.8 million Kuwaiti dinars) reaching 45.787 billion dinars compared to the end of December 2025. Deposits in Kuwaiti banks also recorded an overall rise of 4.6% (approximately 2.73 billion dinars), bringing the total to 61.89 billion dinars. There was a significant increase in government deposits, which grew by 35% to reach 5.643 billion dinars. Non-interest-bearing deposits held the largest share within the private sector deposits at 25.1%. Deposits varied by interest rate: those with interest rates between 3% and 3.5% were among the fastest growing, increasing by 23.7%, while deposits with interest rates from 5% to 5.5% declined by 8%.
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