Press Releases

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%.

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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.

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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.

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24.07.19Press Statement: CBK ِAnnounces the Publication of the Financial Stability Report for the Year 2018

The Central Bank of Kuwait (CBK) announces the publication of the Financial Stability Report for the year 2018.

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16.07.19Press Statement: CBK Enhances Statistical Work

In continuation of the Central Bank of Kuwait (CBK) efforts to enhance statistical work through the development of statistical databases and provision of comprehensive data in terms of coverage, periodicity, timeliness, and quality, and in line with international best practices in this regard, CBK is introducing Table No.26 into its monthly statistical bulletin. The table includes data on the Official Reserve Assets of Kuwait on a monthly basis and shall be included in the said bulletin as of March 2019.

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07.07.19Press Statement: CBK and MOCI sign a Memorandum of Understanding

The Central Bank of Kuwait (CBK) announced that it had signed a Memorandum of Understanding (MoU) with the Ministry of Commerce and Industry on July 2nd, 2019. The MoU concerns coordination and cooperation on determining each party’s scope of competence when it comes to supervising and regulating some activities of CBK-regulated entities.

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