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2026-08-12T19:35:00.000Z

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Wira reports 22.4M dinars profit in first half

Wira reports 22.4M dinars profit in first half

Warba Bank achieved growth in its financial performance during the first half of 2026, with net profits reaching 24.2 million Kuwaiti Dinars, an increase of 19% compared to the same period last year. Operating profits rose by 21% to reach 59.2 million Kuwaiti Dinars. The bank stated that the first-half results reflect the success of its strategic approach to sustainable growth through a focus on digital innovation, development of products and services, and enhancement of operational efficiency. Additionally, the bank’s total assets increased to 6.2 billion Kuwaiti Dinars, deposit accounts grew to 3.6 billion Kuwaiti Dinars, and financing extended by 9% to reach 4.3 billion Kuwaiti Dinars, while maintaining asset quality and financial strength. Bank officials reaffirm that these results support their vision of continuous innovation, developing national competencies, and strengthening community responsibility to achieve sustainable growth and added value for shareholders and customers in Kuwait and the region.

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