Press Releases

Press Statement: CBK Announces the Publication of the Annual Report for the Fiscal Year 2016/17

08.08.17 His Excellency, Dr. Mohammad Y. Al-Hashel, the Governor of the Central Bank of Kuwait (CBK), announced the release of the CBK’s Annual Report for FY2016/17, which is the 45th issue of Annual Reports series prepared and published by CBK. The Governor clarified that the report contains CBK Balance Sheet and Profit & Loss Account for the FY ended 31st March 2017 and the Auditors’ Report on the financial statements. In addition, the report outlines the key developments in the main monetary and banking indicators and aggregates in the areas of the KD exchange rate, domestic interest rates, money supply, deposits, bank credit, domestic liquidity, public debt instruments, aggregate balance sheet of local banks, and domestic inflation rate in addition to CBK’s regulatory and supervisory efforts as well as the major banking operations and key tasks performed by CBK to improve its manpower capabilities and modernize its IT infrastructure.