Earnings per share reached 28.8 Kuwaiti fils and assets reached about 12 billion dinars with an increase of 1.2bn equivalent to 11 per cent over the same period last year.
Deposits reached 7.3bn dinars with an increase of 466m or 7pc.
Shareholders equity reached 1.244bn dinars with an increase of 44m or 4pc versus first half 2009.
Earnings per share reached 16.2 fils in the second quarter with an increase of 3.6 fils or 29pc against the first quarter and 2.9 fils or 22pc compared with the second quarter of 2009.
"This success was achieved through taking advantage of the bank's capabilities, such as the highly qualified employees and advanced technology in the field of banking and innovating new products and services that reinforce the clients' trust in the group," said chairman and managing director Bader Al Mukhaizeem.
He said the Kuwaiti government initiative of increasing public expenditure according to an economic initiative eliminated obstacles and legislations that hindered the role of the private sector and limited investment opportunities.
"KFH continues to finance Kuwaiti companies according to regulations, where it managed to open financing channels with new clients, since it is aware of the financial crisis and the importance of limiting its negative impact on the national economy," he added.
"In addition, the bank's global expansion policy has achieved successes in the markets of the GCC countries and in Turkey, Malaysia, Europe and the US.
"It also signed an agreement with Japanese giant Nomura and won an order to issue Ijara sukuk worth $100m," he added.
