GULFBANK — Kuwait's Gulf Bank Reports 14.1% Rise in H1 2026 Net Profit

Gulf Bank of Kuwait posted a net profit of KWD 27.4 million ($89 million) for the first half of 2026, a 14.1% increase compared to the same period last year. The bank's operating income grew by 2.7% to KWD 94.3 million, driven by strong non-interest income and a 13.3% rise in net fee and commission income. The lender's non-performing loan (NPL) ratio improved to 1.2%.