Jordan Kuwait Bank Group Reports Net Profit of JOD 57.6 million (USD$81.4m) for the First Half of 2026

Press release
Published August 16th, 2026 - 05:09 GMT

Jordan Kuwait Bank Group Reports Net Profit of JOD 57.6 million (USD$81.4m) for the First Half of 2026

Jordan Kuwait Bank Group announced its financial results for the first half of 2026, reporting a net profit of JOD 57.6 million (USD$81.4 million), reflecting the Group's strong financial position and the continued successful execution of its long-term strategy focused on sustainable growth, operational excellence, and creating lasting value for shareholders, customers, and stakeholders.

The Group continued to deliver solid financial and operational performance during the first six months of the year, supported by prudent financial management, disciplined risk management practices, and strong operational efficiency. The results also reflect the Bank's continued investment in digital transformation, innovation, and customer-centric banking solutions that reinforce its competitiveness and support sustainable growth.

Net direct credit facilities amounted to JOD 2.056 billion, and the investment portfolio reached JOD 1.938 billion, highlighting the Bank's diversified business model and resilient financial position.

The Bank also maintained capital and liquidity ratios comfortably above regulatory requirements, with a Capital Adequacy Ratio (CAR) of 23.94% and a Liquidity Coverage Ratio (LCR) of 256.23%, reaffirming the strength of its capital base, financial resilience, and capacity to support future growth while responding effectively to evolving market conditions.

Commenting on the results, Chairperson H.E. Shaikha Dana Al-Sabah said: "Our performance during the first half of 2026 reflects the strength of Jordan Kuwait Bank's fundamentals and the successful execution of our strategic priorities. We remain committed to sustainable and balanced growth, underpinned by sound governance, financial discipline, and continuous innovation. This approach enables us to create long-term value for our shareholders, customers, and stakeholders while reinforcing the Bank's ability to adapt to an evolving economic landscape and capitalize on future opportunities".

Group Chief Executive Officer Haethum Buttikhi said: "These results reflect the successful execution of our strategic priorities and our continued focus on enhancing customer experience through innovative banking solutions, accelerating digital transformation, improving operational efficiency, and investing in our people. We remain committed to strengthening our market position, delivering sustainable value to our stakeholders, and further reinforcing Jordan Kuwait Bank's reputation as a trusted financial partner and one of Jordan's leading banking institutions".

These results show Jordan Kuwait Bank continuing to strengthen its capital base and expanding its role as a trusted gateway for international investors seeking to participate in the growth of Levant economies. Its regional presence, physical branch network and deep local knowledge position it uniquely to support cross-border investment and economic development across the region.

In July, Jordan Kuwait Bank successfully launched  its second Green Bond in partnership with the International Finance Corporation (IFC). The IFC is investing up to USD 100 million in Jordan Kuwait Bank's green bond, reinforcing its leadership in sustainable finance and reaffirming its commitment to supporting Jordan's transition towards a more resilient and sustainable economy.

Jordan Kuwait Bank continues to invest in enhancing its banking services and digital capabilities, strengthening operational excellence, and fostering a culture of innovation to deliver sustainable long-term value for all stakeholders while contributing to Jordan's economic development.

Background Information

Jordan Kuwait Bank

In 1976, a number of Jordanian and Kuwaiti investors had the idea that if they brought in capital from a wealthy country, like Kuwait, and invested it wisely in a country that is renowned for its highly developed workforce, like Jordan, something good must come out, and sure it did. Today, Jordan Kuwait Bank is considered one of the few successful Jordanian enterprises established with Inter-Arab interests.

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