The Kuwait banking sector achieved strong financial results this year, recording net profits of 23.54 million Kuwaiti dinars for the first nine months of 2025 — a growth of 55.57% compared to 15.13 million dinars during the same period last year.
According to financial data, total revenues in the sector rose to 70.43 million dinars, marking a 23.5% increase from 57.02 million dinars in 2024.
Currency sales were the standout performer, with revenues reaching 60.7 million dinars, a record jump of 44.5% compared to 41.99 million dinars in the same period last year.
Administrative expenses also grew by 12%, totaling 37.9 million dinars versus 33.8 million dinars in 2024. Meanwhile, the sector’s provisions rose slightly by 8.4%, reaching 6.9 million dinars, compared to 6.4 million dinars in the previous year.
These results highlight the continued strength and profitability of the banking sector in Kuwait, driven by higher currency sales and revenue growth across financial institutions.
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