Press Releases
CBK 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.
MoreCBK Imposes Penalties on Several Entities Under its Supervision
The Central Bank of Kuwait (CBK) imposes penalties on several entities under its supervision.
MoreReporting Unlicensed Banking or Financial Activities
With the Central Bank of Kuwait (CBK) giving higher priority to combating unlicensed banking or financial activities carried out by natural persons (individuals) or legal entities (corporate) to carry out banking or financial transactions without valid licenses, and without oversight by any supervisory authority to which such activities must subject, given the possibility of such transactions being exploited for money laundering and terrorist financing, and whereas the Central Bank of Kuwait seeks positive participation from all entities and individuals in society in this regard, in order to successfully combat these illegal activities, the following telephone line and email address have been set up to receive any reports or information from the public on such unlicensed activities:
MoreCBK Opens Applications for the 13th Round of KGDP for Graduates Seeking Banking Career
Under the Kafa’a initiative launched by the Central Bank of Kuwait (CBK) in cooperation with Kuwaiti banks and managed by the Institute of Banking Studies (KIBS), and within CBK’s strategic vision aiming at national capacity building to support the country’s development, the KIBS will be receiving applications for the thirteenth round of the Kuwaiti Graduates Development Program (KGDP) for a career in the banking sector. Applications to the program will be accepted from October 05, 2025 until October 23, 2025. This program provides new graduates with the opportunity to train in the banking field, and aims to build their skills through theoretical and field training for about five months at Kuwaiti banks. The program also provides participants with the opportunity to gain practical and professional experience, to provide the banking sector with highly qualified young national talents.
MoreCBK Participates in the Joint Campaign Among GCC Central Banks to Combat Financial Cyber Fraud
The Central Bank of Kuwait (CBK) is participating in the joint awareness campaign among the central banks of the Gulf Cooperation Council (GCC) countries to combat financial cyber fraud. This initiative comes during the State of Kuwait's presidency of the GCC Central Banks Governors Committee, and the initiative is considered part of implementing the Joint Gulf Action Plan.
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.
More
IMF Concludes its Periodic Preliminary Consultations with the State of Kuwait under Article IV of the IMF Establishment Agreement
The International Monetary Fund (IMF) concludes its periodic preliminary consultations with the State of Kuwait under Article IV of the IMF establishment agreement - September 2025.
MoreCBK Cuts Discount Rate by 25 Basis Points to 3.75%
As part of the Central Bank of Kuwait (CBK) ongoing monitoring of key economic and monetary indicators in international markets, together with geopolitical developments, global trade policies, and their combined impact on global economic conditions and their repercussions on the performance of 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, and taking into account the specific nature of our local economy, the Central Bank of Kuwait decided to cut the discount rate by 25 Basis Points from 4.00% to 3.75% effective 18/09/2025.
More
Central Banks in the Age of Artificial Intelligence Conference
The Central Bank of Kuwait (CBK) hosted the second annual conference on strengthening gulf joint action within the framework of the Committee of the Governors of the Central Banks in the GCC Countries, titled: Central Banks in the Age of Artificial Intelligence, that was held in the State of Kuwait on Sunday, 14 September 2025.
More