29.01.25 Press Statement

CBK Launches the Sixth "Certified Shari'a Auditor" Program

The Governor of the Central Bank of Kuwait Basel A. Al-Haroon announced the sixth round of the “Certified Shari'a Auditor” Program, geared towards enhancing governance of Shari'a auditing in the Islamic banks business in Kuwait. The program is part of “Kafa’a Initiative” which was launched in collaboration with Kuwaiti banks and is managed and executed by Kuwait Institute of Banking Studies (KIBS).

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29.01.25 Press Statement

CBK Holds the Fourth Annual MENA Central Banks Regional Research Network Conference in Collaboration with World Bank

As part of its constant efforts to strengthen the regional cooperation and address critical economic concerns, the Central Bank of Kuwait (CBK) held the Fourth Annual MENA Central Banks Conference under the theme "Navigating the Challenges of Uncertainty, Climate Change, and Debt" from 28 to 30 January 2025.

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22.01.25 Press Release

CBK Announces the 16th Session of Harvard Business School (HBS) Program for Banking and Financial Executives

The Governor of the Central Bank of Kuwait (CBK) and Chairman of the Board of Directors of the Institute of Banking Studies (KIBS), Basel A. Al-Haroon, announced that KIBS will present the sixteenth cohort of the Harvard Business School Program, which is designed to develop executives in GCC banks and financial institutions, in light of the changes in the business world, and the needs of the banking and financial sectors.

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07.01.25 Press Statement

Extending Working Hours of the Real Time Gross Settlement System (KASSIP)

In Continuous of Central Bank of Kuwait (CBK) efforts to enhance the quality and sustainability of financial services provided by the banking sector in line with a vision aimed at achieving round-the-clock financial services that accommodate the needs of several segments of the society, and serve all the national economic sectors, CBK, as the operator and regulator of the national payment systems infrastructure, extended the working hours for the Real Time Gross Settlement System (KASSIP).

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26.12.24 Press Statement

The Eighth Edition (December 2024) "Financial Literacy and Personal Finance for Individuals - The Basics of Managing Individual’s Budget”

The Central Bank of Kuwait (CBK) releases the eighth edition (December 2024) "Financial Literacy and Personal Finance for Individuals: The Basics of Managing Individual’s Budget".

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Image “Financial Literacy and Personal Finance for Individuals: The Basics of Managing Individual’s Budget”

18.12.24 Press Release

Statement on the Local Economic, Financial and Banking Development

In line with the Central Bank of Kuwait’s (CBK) ongoing efforts to monitor all economic and monetary indicators, as well as geopolitical developments and their impact on global economic conditions and its subsequent effects on the performance of the local economy, and in response to the imperatives dictated by such developments, it becomes crucial that policies are directed in alignment with the specific requirements and prevailing conditions of each economy, thus, CBK has issued a statement affirming that its current assessment of the available local economic and financial data underscores the soundness and resilience of monetary and financial stability in the State of Kuwait.

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09.12.24 Press Statement

International Monetary Fund Concludes 2024 Article IV Consultation with the State of Kuwait

International Monetary Fund (IMF) concludes 2024 Article IV consultation with the State of Kuwait.

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24.11.24 Press Statement

CBK Adds 7 New Companies to the Register of e-Payment Services Providers, e-Money Services Providers & e-Payment Systems Operators

Continuing its efforts to encourage innovation in financial services, enhance electronic payment services and regulate these activities, ensure providing high-quality, efficient and secure services to the public, and improve effectiveness and flexibility of financial transactions, the Central Bank of Kuwait (CBK) approved the registration of seven companies to practice as Large e-Payment Services, Small e-Payment Services and Small e-Money Services.

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18.11.24 Press Statement

CBK Governor Honors the Winners of "2023 Kuwaiti Economic Student Award"

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 Monday, November 18, 2024, at the CBK headquarters.

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07.11.24 Press Release

Statement on the Local Economic, Financial and Banking Developments

As part of the Central Bank of Kuwait's continuous monitoring of all economic and monetary variables and indicators in international markets and geopolitical developments, and effects thereof on the global economic conditions and the performance of the local economy, and their implications on the policy response, considering the conditions of each economy, and the nature of our national economy, the Central Bank of Kuwait (CBK) released a statement indicating that its current assessment of the available local economic and financial data and information demonstrate the continued safety and resilience of monetary and financial stability in the State of Kuwait.

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