Al-Tijari Declares Net Profit of KD 60.4Million for the 1st half 2025 Interim Cash Dividend 12 fils per Share

Commercial Bank of Kuwait announced a net profit of KD 60.4 million for the half year ended end 30 June 2025 compared to KD 62.7 million for the same period last year . Earnings per share for the current period is 30.6 fils (June 2024: 31.8 fils).

Financial highlights: (KD Million) 
 Half year 2025 Half year 2024 

Change
Net profits attributable to Shareholders of the Bank  60.4 62.7 (3.7%)
Operating profit before provisions 60.3 61.1 (1.4%)
Net Interest Income 60.0 59.3 1.1%
Fee and Commission Income 24.3 23.4 3.7%
Total Assets 4,859.0 4,770.8 1.8%
Loans and advances 2,791.9 2,740.3 1.9%

Operational Performance:
Sheikh Ahmad Duaij Al Sabah, the Bank’s Chairman, presented the Bank’s results for the first half of 2025 with a Net Profit of KD 60.4  million, reflecting a year-on-year decline of KD 2.3 million (3.7%) due to lower net recovery against previously written off loans . Operational profit before provisions reflects a stable year-on-year performance amidst the prevailing economic uncertainties and lower interest rates. The operational performance was aided by 1.9% growth in loans and 3.7% increase in fee income, partly offset by lower foreign exchange income. Loans and advances grew by KD 51.5 million compared to HY 2024.

Regulatory Ratios:

Regulatory ratios remained strong and continue to be well above the Central Bank’s statutory requirements. Capital Adequacy Ratio is at 18.0%, Liquidity Coverage Ratio 232.6%, Net Stable Funding Ratio 104.5% and Leverage ratio 10.6%.


Performance Ratios:
Sheikh Ahmad emphasised that Al-Tijari continues to report stable performance ratios considering the global economic challenges. Net interest margin for HY 2025 at 2.64%, Return on Equity 16.4% and Return on
Assets 2.8% reflect the efficient management and strong operational performance. Cost to income ratio 34.1% remains to be one of the lowest amongst Kuwaiti banks.


Business updates:
Sheikh Ahmad added that Al-Tijari continues to make swift strides in its digitalization journey, enhancing its digital platforms and launching innovative customer services. These advancements reflect the Bank’s commitment to provide seamless and user-friendly banking experiences.
The notable business engagements during the first half of 2025 are:
 The Bank offered sponsorship and participation in Kuwait New Strategic Economic Conference 2025 organized by Kuwait Direct Investment Promotion Authority. The conference aims to support national economic diversity, promote investment in strategic sectors and empower financial markets.
 The Bank expanded its self-service network by installing new machines at several strategic locations across Kuwait. This initiative aligns with Bank’s commitment to enhance customer experience by providing easy access to essential banking services close to their homes.
 Facility to withdraw various foreign currencies from the Smart teller machine was introduced at the Airport branch and some other branches.


Diligent Efforts for Raising Customer Awareness: 
In an effort to connect with a wider audience and promote its offerings, Al-Tijari organized outreach events at various office and commercial complexes. These events served as a platform to introduce customers to the Bank’s range of products and services, educating customers that maintaining the confidentiality of their banking and financial information is of paramount significance, while also fostering greater financial literacy among diverse segments of society.
Additionally, the Bank actively leveraged its electronic channels to raise awareness about cybersecurity. Through targeted communication messages and diverse activities, it educated customers on the importance of safeguarding their banking information and staying vigilant against potential fraud as part of the flagship campaign “Let’s Be Aware".  That Campaign aims to promote financial awareness across a wider segment of society and enhance awareness regarding the role of the banking sector and means to benefit the most from the services provided by banks. The Campaign educates customers  on the different types of fraud and electronic crimes and scams, which target customers via email, SMS messages, smart phone applications, phone calls or other applications.

Sustainability and Social Responsibility: 

The key initiatives taken during the period were:

 In collaboration with a leading international risk management consultancy firm, the Bank successfully concluded the “Future of Sustainability: ESG Insights” seminar. The focus was on the importance of ESG sustainability principles within the business strategy of companies and their role in sustainable transformation and long term value enhancement of the companies.  
 The Bank organized a beach cleanup campaign in Sharq area, in partnership with Kuwait Dive Team and Al-Tijari volunteer team. The aim was to remove waste from shorelines to reduce marine pollution. The campaign reflects Bank’s ongoing commitment to environment preservation and sustainable practices, while encouraging active public participation in environmental protection.
 Al-Tijari continues to show a strong commitment to society by providing comprehensive support and care for social events organized by civil society institutions. These events and initiatives collectively aim to serve all segments of the society and underscore the Bank's distinct footprint in the field of social responsibility.

Thank You Note

Sheikh Ahmad concluded by extending his sincere gratitude and appreciation to all the regulatory authorities, especially the Central Bank of Kuwait for their continuous support to the banking industry and to Bank’s shareholders, management, employees and customers for choosing  Al-Tijari as their banking services provider hoping that Al-Tijari will remain as always “Customers’ Bank of Choice”.