HomeFinancialAl Ahli Bank of Kuwait Third-Quarter Profit Rises 15% to KD17.1 Million...

Al Ahli Bank of Kuwait Third-Quarter Profit Rises 15% to KD17.1 Million on Lower Provisions

Al Ahli Bank of Kuwait (ABK) said net profit for the third quarter of 2026 rose 15% to KD17.10 million from KD14.89 million a year earlier.

Nine-month net profit rose 16% to KD54.19 million from KD46.63 million in the same period of 2025, the bank said in a Boursa Kuwait disclosure on Wednesday reported by Mubasher.

The headquarters building of Al Ahli Bank of Kuwait with ABK signage in English and Arabic
The headquarters of Al Ahli Bank of Kuwait, in a photo published by Mubasher with its October 28, 2026 report on the bank’s results. Photo: Mubasher

The bank attributed the increase mainly to higher net operating profit and lower net provisions.

Total operating income rose 8% to KD177.50 million in the first nine months. Third-quarter operating income rose 4% to KD58.28 million.

Total assets rose 6% from a year earlier to KD7.52 billion at the end of September 2026.

ABK reported first-half 2026 profit of KD37.09 million, up 17% from KD31.73 million a year earlier.