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كويت نيوز
Source: كويت نيوز
24 Hrsكويت نيوز
Source: كويت نيوز
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Kuwait National Bank Group achieved strong financial results during the first nine months of 2026, despite geopolitical challenges in the region. The group recorded a net profit of 481.7 million Kuwaiti dinars (approximately $1.6 billion), with assets growing by 4.5% and the loan portfolio increasing by more than 8%. The group attributed its positive performance to a 4% increase in revenues, along with reductions in operational costs and provisions, supported by a diversified business model and a regional and international diversification strategy. It confirmed that geopolitical tensions have led to a slowdown in growth, but economic activity remains robust, with expectations of further large projects and financing opportunities—especially following the approval of the mortgage financing law. An improved outlook for the Kuwaiti economy is anticipated in the medium term, supported by political stability and ongoing reforms.
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