| | |
| Brief Excerpt: | ... Coverage in the GCC Key Message on 2016: Asset-quality metrics for Kuwaiti banks improved in 2016. Lower loan impairment charges (LICs) resulted in improved profitability ratios. Liquidity pressures have eased. Performance: The average net interest margin was stable in 2016 as higher funding costs due to rising interest rates were met by equal loan book repricing. Operating profitability metrics improved (operating profit/risk-weighted assets improved to an average 1.8%) owing to lower LICs. The sector average cost/income ratio was almost flat due to good cost control. Asset Quality: Asset-quality metrics are now at their best level since the financial crisis. The average impaired loans ratio was 2.1% at end-2016. Average loan-loss reserve coverage of impaired loans has improved to a significant 323% (and about 5% of gross loans), the highest by a significant margin in the Gulf Cooperation Council (GCC) region. LICs/average gross loans ratios... |
| | |
| Report Type: | |
| Company(ies) | Gulf Bank KSCP
, National Bank of Kuwait SAKP
, Commercial Bank of Kuwait KPSC
, Burgan Bank S.A.K.
, Ahli United Bank K.S.C.P.
, Kuwait Finance House K.S.C.P
, Al Ahli Bank of Kuwait K.S.C.P.
, Kuwait International Bank K.S.C.P.
, The Industrial Bank of Kuwait K.S.C
, Boubyan Bank KSCP
, WARBA Bank K.S.C.P. |
| Ticker(s) | ABK , ALMUTAHED , BOUBYAN , BURG , CBK , GBK , KFIN , NBK , WARBABANK |
| Issuer | |
| Format: | | PDF |  |
|
| |
