19.04.15 Press Release

CBK Announces the Withdrawal of the Fifth Issue of Currency Notes from Circulation

H.E. the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced that the remaining volume of the fifth issue of Kuwaiti Dinar (KWD) banknotes left in circulation was to be withdrawn from public circulation, and would no longer represent legal tender as from close of business 1st October 2015. In this regard it will be noted that a new, sixth issue of KWD banknotes was released into public circulation by the CBK on 29th June 2014 and that the total amount of banknotes currently outstanding is estimated as being KWD 1,400 million.

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28.03.15 Press Release

CBK Signs Letter of Intent for Cooperation in Banking Supervision with China Banking Regulatory Commission

His Excellency, The Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, today stated that there had been an Exchange of Letters between the CBK and the China Banking Regulatory Commission (CBRC) for mutual cooperation in the field of banking supervision within the framework of guidelines and recommendations promoted by the Basel Committee on Banking Supervision (BCBS), and for the exchange of information on banking matters between the State of Kuwait and the People’s Republic of China.

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25.03.15 Press Release

CBK Announces Issuing Special Edition of the Monthly Monetary Statistics

The Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel announced that CBK has issued a special edition of the Monthly Monetary Statistics (MMS) containing time-series on main monetary and banking variables of the Kuwaiti economy. Some of these time-series extend to more than forty years ago and are thus valuable resources of information for researchers and other parties interested in the Kuwaiti economy in general, and in the banking and financial affairs in particular.

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