1 billion dinar increase in loans within a year
Data from the Central Bank of Kuwait revealed a rise in local banks' assets by 4.85 billion dinars, with consumer and housing loans increasing by 1 billion dinars, and electronic payment transactions surging.
Translated by Qiyas from النهار — Original source
Official data revealed that the total assets of the Central Bank of Kuwait reached KD 8.68 billion by the end of August 2026. The monthly statistical bulletin issued by the Central Bank of Kuwait for August 2026 showed that the total assets of local banks recorded an annual increase of KD 4.85 billion, reaching KD 104.75 billion, compared to KD 99.9 billion in August 2025. The bulletin indicated that consumer and housing loans recorded an annual increase of KD 1 billion by the end of August, with total consumer and housing loans reaching approximately KD 20 billion by the end of August 2026, compared to around KD 19 billion at the end of August 2025.
The data also indicated that total loans to all sectors and services reached KD 65.74 billion by the end of August, compared to KD 61.7 billion, representing an increase of KD 3.97 billion over the year. Electronic payment transactions outside Kuwait amounted to KD 391.8 million, while electronic payment transactions within Kuwait reached KD 3.362 billion, bringing the total electronic payment transactions to approximately KD 3.375 billion during August 2026. Payments made through electronic websites amounted to approximately KD 1.4 billion out of the total spending in August 2026.
Kuwait’s official reserve assets stood at KD 10 billion by the end of August 2025. These assets consist of gold, reserve deposits with the International Monetary Fund, special drawing rights, foreign currencies, foreign deposits, and foreign securities.
