Press Releases

19.09.19Press Release: More than Forty Five Participants in the Fintech Exhibition Accompanying the CBK International Banking Conference in Kuwait

Held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Central Bank of Kuwait (CBK) will host “the International Banking Conference: Shaping the Future” on Monday, September 23, 2019 at the Four Seasons Hotel. More than forty five participant including over 25 fintechs will showcase their capabilities at the exhibition accompanying the conference. The exhibition is officially sponsored by Zain.

As well as welcoming top executives and officials from mainstream banking, the conference will provide delegates with an opportunity to learn first-hand about the fintech innovations that are reshaping financial services in the region.

More

18.09.19Press Release: CBK Decides to Maintain the Discount Rate at its Current Level of 3.0%

The Central Bank of Kuwait (CBK) decided to maintain the discount rate at its current level of 3.0%.

More

12.09.19Press Release: The Governor of CBK and Chairman of the Institute of Banking Studies Concludes "Women & Leadership in Global Business" Program

His Excellency the Governor of the Central Bank of Kuwait (CBK) and Chairman of the Institute of Banking Studies, Dr. Mohammad Y. Al-Hashel, concluded the program “Women & Leadership in Global Business”, held for the first time in Kuwait in collaboration with the London School of Economics and Political Science (LSE).

More

10.09.19Press Release: CBK Amends the Rules and Regulations of Corporate Governance in Kuwaiti Banks

The Board of Directors of the Central Bank of Kuwait approved in its session held on 10-9-2019 amendments to the rules and regulations of corporate governance in Kuwaiti banks adding independent directors to the composition of the banks’ boards of directors and the board committees.

More

05.09.19Press Release: Kuwait’s Banks Unveiled as Partners for Major International Banking Event

Local banks have been confirmed as partners for the Central Bank of Kuwait’s CBK International Banking Conference on September 23.
The event, which will be held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmad Al-Jabir Al-Sabah, will host a line-up of speakers including key policymakers, banking industry executives, economists and FinTech experts from across the globe.

More

19.08.19Press Release: Top Banking Executives and Policymakers Confirmed as Speakers at the "International Banking Conference: Shaping the Future"

Banking industry leaders are among the many top-level executives and officials confirmed as speakers for the CBK International Banking Conference, which will be held on Monday, September 23 at the Four Seasons Hotel.
Held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmad Al-Jabir Al-Sabah, the event will bring together decision makers and thought leaders from across the global financial services sector.

More

05.08.19Press Release: CBK Hosts the Inaugural International Banking Conference: "Shaping the Future"

Held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmad Al-Jabir Al-Sabah, the Central Bank of Kuwait (CBK) will stage the inaugural CBK International Banking Conference on Monday, September 23, 2019.
Titled Shaping the Future, the event’s speakers will include key policymakers, C-level banking industry executives, banking experts and FinTech entrepreneurs from across the globe.

More

31.07.19Press Release: CBK Decides to Maintain the Discount Rate at its Current Level of 3.0%

The Central Bank of Kuwait (CBK) decided to maintain the discount rate at its current level of 3.0%.

More

30.07.19Press Statement: CBK Announces the Publication of the Annual Report for the FY2018/19 and the Economic Report 2018

His Excellency the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced the publication of CBK’s 47th Annual Report for the Fiscal Year (FY) 2018/19 and 47th Economic Report for the year 2018 in addition to “Highlights on the Economic Report”. The Annual Report contains CBK’s Financial Statements for the FY ended 31 March 2019. The report also comprises the key developments in the main monetary aggregates and banking indicators, along with the supervisory and regulatory efforts and the major banking operations and key tasks performed by CBK to enhance staff performance and upgrade IT infrastructure during said year. Meanwhile, the Economic Report contains the latest available data and statistics on various aspects of the economic performance of the State of Kuwait in 2018 and is composed of six major parts, each dedicated to a key topic.

More

28.07.19Press Release: Key Developments in the Balance of Payments of the State of Kuwait for the First Quarter of 2019

The Central Bank of Kuwait (CBK) published today the preliminary data of the State of Kuwait’s Balance of Payments (BoP) for the 1st quarter of 2019, and the revised data of the preceding quarter.

More