Kuwait Bank Egypt posts 4.2B profit
Bank of Kuwait National Egypt achieved a net profit of 4.2 billion Egyptian pounds (equivalent to 26.1 million Kuwaiti dinars) during the first half of 2026. Revenues increased by 11% to reach 8.6 billion pounds compared to the same period in 2025. The bank’s assets grew by 20% to 270 billion pounds, with loans and facilities rising by approximately 22% to 147 billion pounds. Customer deposits also increased to 206 billion pounds, a growth rate of 14%. The bank focused on digital expansion and sustainable growth, continuing its investments in the Egyptian market, which is considered a key and long-term market.
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