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United Bank's H1 Profits Rise 169%
Union Bank achieved a significant increase in its profits during the first half of 2026, with a net profit of 60.03 million Kuwaiti Dinars (84.68 million USD), representing a 168.71% rise compared to the same period last year. The bank's revenues also grew by 45.61% to reach 242.16 million Kuwaiti Dinars (341.55 million USD), while its total consolidated profit surged by 142.55% to 70.29 million Kuwaiti Dinars (99.14 million USD). The bank recorded an annual profit growth of 56.56% for 2025, achieving 85.28 million Kuwaiti Dinars, up from 54.47 million Kuwaiti Dinars in 2024.
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