Kuwait International Bank (KIB) has announced a robust 23% increase in net profit for the first half of 2025, with profits reaching KD 14.8 million, up from KD 12 million in the same period last year. The financial results reflect KIB’s growing momentum under its new five-year strategy focused on innovation, expansion, and customer-centric solutions.
Chairman Sheikh Mohammed Jarrah Al-Sabah described the results as a “launchpad” for KIB’s ambitious goals. Earnings per share rose to 7.11 fils from 5.70 fils in H1 2024. Total operating income hit nearly KD 46.3 million, a 10% year-on-year increase.
Al-Sabah emphasized that the strong performance stems from the Bank’s growing investment in digital banking, expanded operational base, and sustainable practices. He said, “We are committed to offering a seamless and innovative banking experience, while sustainability remains central to our long-term strategy.”
KIB’s total assets climbed 20% to KD 4.19 billion, with its financing portfolio growing by KD 572 million to reach KD 3.09 billion. Investments and high-quality Sukuk holdings also rose to KD 522 million, compared to KD 405 million last year.
Vice Chairman and CEO Raed Jawad Bukhamseen credited these achievements to a balanced strategy focusing on strong capital foundations, improved asset quality, and customer-first banking. “Our flexible business model is enabling us to adapt swiftly to market changes and meet customer needs with agility,” he said.
KIB also reported a 20% increase in fees and commission income, rising to KD 9.3 million. Investment income saw a notable 51% jump to KD 2.9 million. Customer deposits reached KD 2.84 billion—marking a 34% rise—while shareholders’ equity grew 6% to KD 358 million. The Bank maintains a capital adequacy ratio of 21.96%, well above Basel III standards.
The institution continues to underscore its commitment to social responsibility. Bukhamseen reaffirmed KIB’s support for the Central Bank of Kuwait’s “Let’s Be Aware” (Diraya) campaign, now in its fifth year. This initiative aims to promote financial literacy and economic resilience.
Both Al-Sabah and Bukhamseen extended their gratitude to the Central Bank of Kuwait and the Capital Markets Authority for their guidance and support. They also praised the efforts of KIB’s teams, Board, and Executive Management for driving performance and fulfilling environmental, social, and corporate governance (ESG) goals.
As KIB moves into the second half of 2025, it remains committed to reinforcing its position as a leading digital-first, customer-driven, and socially responsible financial institution in Kuwait and beyond.
