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Warba Bank (K.S.C.) (Kuwait)

Main Activities: Commercial Banking
Full name: Warba Bank (K.S.C.) Profile Updated: November 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Warba Bank is a Kuwaiti company located in Kuwait City. It was established on February 17, 2010, with the aim of boosting the economic situation after a crisis in Kuwait. On April 7, 2010, the bank joined the Islamic Banks Register at the Central Bank of Kuwait. Warba Bank has quickly become a leader in Islamic Digital Retail Solutions in the banking sector. The company focuses on delivering the best experience for its customers and creating sustainable value for its shareholders and society.

Headquarters
Sharq, Block 7 - Omar Ibn Al Khattab Street - Parcel 6, Arraya Tower, M1 - 13Th Floors, P.O Box:1220 Safat
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13013

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Website: http://www.warbabank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
December 05, 2010
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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15.9%
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10.242%
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10%
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Subsidiaries
Themar Al Omania Company L.L.C (Oman)
100%
Warba Advisory Ltd (United Kingdom)
100%
Warba Tier 1 (2) Sukuk Limited (United Kingdom)
100%
Company Performance
Financial values in the chart are available after Warba Bank (K.S.C.) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net interest income
73.86%
Operating profit (EBIT)
52.54%
Net Profit (Loss) for the Period
1.96%
Total assets
15.03%
Total equity
4.62%
Total Assets Trend
-2.31%
Net Interest Income Trend
38.34%

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