Press Releases
CBK Cuts the discount rate by 25 basis points to 3.50%
As part of the Central Bank of Kuwait's (CBK) ongoing monitoring of key global economic and monetary indicators and their potential impact on the performance of the local economy, and in light of the need for policies to be tailored to the specific requirements and circumstances of each economy, the Central Bank of Kuwait decided to cut the discount rate by 25 basis points to 3.50%, down from 3.75%, effective December 11, 2025.
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CBK Governor Honors the Winners of "2024 Kuwaiti Economic Student Award"
For the fifth consecutive year, the Central Bank of Kuwait (CBK) held a ceremony to honor the winners of the “Kuwaiti Economic Student Award” in a ceremony attended by the CBK Governor and Chairman of the Board of Directors of the Institute of Banking Studies (IBS), Mr. Basel A. Al-Haroon, and a host of elite banking sector figures on Wednesday, 10 December, 2025, at CBK Headquarters.
MoreCBK Launches the Cyber & Operational Resilience Framework for Local Banks and Financial Institutions
Central Bank of Kuwait launches the cyber and operational resilience framework (CORF) for local banks and financial institutions in the State of Kuwait.
MoreCBK Launches "Initiative Accelerator Program" at Innovation Hub "Wolooj"
The Innovation Hub at the Central Bank of Kuwait “Wolooj” cordially invites all Kuwaiti talents to submit their applications for the “Innovation” Accelerator Program. This program will take place from 1st September 2025 to 1st December 2025.
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Standard & Poor's Upgrades State of Kuwait Ratings to 'AA-'; Outlook Stable
Standard & Poor's Upgrades State of Kuwait Ratings to 'AA-'; Outlook Stable.
MoreCBK Imposes Penalties on Several Entities Under its Supervision
The Central Bank of Kuwait (CBK) imposes penalties on several entities under its supervision.
MoreCBK Hosts the 9th GCC Knowledge Exchange Workshop on Building and Using Economic Models
The Central Bank of Kuwait Hosts the 9th "GCC Knowledge Exchange Workshop on Building and Using Economic Models".
MoreCBK’s Assessment of Key Local Economic, Financial and Banking Developments
As part of its ongoing and vigilant monitoring of key economic and monetary indicators, together with geopolitical developments, and their repercussions on the global economic conditions and the local economy, and in light of the need for policies to adapt to these developments in line with the requirements and circumstances of each economy, the Central Bank of Kuwait (CBK) emphasized that its current assessment of the available local economic and financial data and information reflects the soundness of monetary and financial stability conditions in the State of Kuwait, and that the current monetary policy stance is anchored to the local economic conditions.
MoreCBK Issued Updated "Consumer Protection Guide"
As part of its ongoing efforts to enhance consumer protection and stimulate a balanced and constructive relationship between banks and their customers, the Central Bank of Kuwait (CBK) has announced promulgation of an updated "Consumer Protection Guide", superseding the previous version.
This updated Guide complements the CBK’s efforts to provide a banking environment that ensures that customer rights are handled transparently, aligns with international best practices, adapts to new regulatory and technical developments, and improves efficiency in banking dealings with customers.
MoreCBK Issues the 53rd Annual Report for the Fiscal Year 24/2025
The Central Bank of Kuwait (CBK) announces the issuance of its 53rd Annual Report for the fiscal year 2024/25. This was stated by the CBK Governor, Basel A. Al-Haroon, in which he noted that the report highlights the CBK’s efforts for maintaining monetary and financial stability, strengthening confidence in the national currency, banking supervision and prudential oversight, consolidating anti-money laundering efforts, and oversight of financial innovation and emerging technologies, developing information systems, cybersecurity and payment systems, enhancing infrastructure, information technology, and digital transformation, along with the External Auditors' Report on CBK’s Financial Statements as of 31 March 2025.
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