National Bank of Kuwait (NBK) announced on Jan. 28 its financial results for the year ended Dec. 31, 2025, reporting a net profit of KD 575.6 million (USD 1.9 billion). This compares to KD 600.1 million (USD 2 billion) in the previous year, with earnings per share at 64 fils for 2025.
Profit before tax increased by 5.4% to KD 734.6 million (USD 2.4 billion), while total assets grew by over thirteen percent year-on-year to reach KD 45.6 billion (USD 149.4 billion). Customer deposits rose by fourteen percent to KD 26.1 billion (USD 85.3 billion), and group loans and advances reached KD26.8 billion (USD87.8 billion), also reflecting a growth rate of more than thirteen percent compared to last year.
NBK Group Chairman Hamad Al-Bahar said the bank’s performance in a challenging global economic environment was due to “a prudent operating approach and a flexible strategy anchored in diversification and financial discipline.” He added that NBK’s results demonstrate its ability “to adapt and navigate a wide range of economic conditions,” supported by strong capital, quality assets, liquidity, governance, and risk management frameworks.
Al-Bahar highlighted sustainability as central to NBK’s long-term growth agenda, noting that sustainable assets increased approximately twenty-three percent during the year to USD six point one zero billion—sixty-one percent toward the bank’s strategic target for the end of this decade.
Vice Chairman and CEO Isam Jasem A. Al-Sager said: “The Group’s results reflect the solid operating performance delivered across its various business segments… despite the volatile global operating environment.” He explained that profit before tax grew while net profits were affected by implementation of a new domestic minimum tax on multinational entities in Kuwait but described this impact as transitional.
Al-Sager also pointed out major achievements such as leading a KWD one point five billion syndicated term facility with Kuwait Petroleum Corporation—the largest such financing denominated in Kuwaiti Dinars—and being selected as main settlement bank by Kuwait Clearing Company due to investments in digital infrastructure.
Looking ahead, Al-Sager expressed optimism about improvement in domestic conditions supported by new legislation enabling long-term sovereign debt issuance and potential real estate financing reforms pending approval.
