Bank assets reach 43.96 billion dinars in first half
Bank-managed assets in Kuwait increased by 10.3% year-on-year in June 2026, reaching 43.967 billion Kuwaiti dinars, with a rise of 4.106 billion dinars. The growth was notably driven by portfolios of stocks and bonds, which surged by 71.1% to reach 1.436 billion dinars. Additionally, assets held in trust as custodians recorded a decline of 8.3%, amounting to 7.098 billion dinars, despite a 17.2% increase on an annual basis. Meanwhile, contingent liabilities from indirect financing decreased slightly by 0.7%, while issuance of guarantees rose by 4.4%, reaching 13.747 billion dinars. There were also decreases in documentary credits by 10.2%. The data underscores strong growth in banks’ investments in financial derivatives, which increased by 10.4% to 17.405 billion dinars, reflecting a boost in financial performance during the first half of the year.
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