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2026-07-29T22:04:00.000Z

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Commercial reports 62.3M dinars H1 profit

Commercial reports 62.3M dinars H1 profit

The Commercial Bank of Kuwait achieved a net profit of 62.3 million Kuwaiti Dinars in the first half of 2026, reflecting a 3.2% increase compared to the same period last year, despite the geopolitical and economic challenges facing the markets. Operating profits before provisions rose by 1.1% to reach 60.9 million Dinars, while net interest income grew by 2% to amount to 61.2 million Dinars. Additionally, income from fees and commissions increased by 10.6%. The bank’s assets also grew by 7.9%, reaching 5,241 million Dinars, with loans and advances rising by 6.3%. The bank continued to focus on enhancing its digital performance, launching innovative services, and implementing customer awareness programs and social responsibility initiatives, despite the ongoing unstable conditions in the region.

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