Press Releases

Showing 10 of 32 Results

11.12.19 Press Statement

CBK Governor Keynote Speaker of 14th High Level Meeting for the Middle East & North Africa Region

CBK Governor Keynote Speaker of 14th High Level Meeting for the Middle East & North Africa Region Region, jointly organized by the Basel Committee on Banking Supervision, the Financial Stability Institute and the Arab Monetary Fund, on December 11, 2019 in Abu Dhabi, UAE.

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10.12.19 Press Statement

CBK Develops Statistical Work

The Central Bank of Kuwait (CBK) has published today data on the International Investment Position and Total External Debt of the State of Kuwait in its quarterly statistical bulletin starting from Q1 (January-March) 2019. In line with the international best practices, CBK continuously strives to enhance statistical work through the development of statistical databases and provision of integrated and comprehensive data in terms of coverage, periodicity, timeliness, and quality. The newly introduced tables namely (44) and (44-1) & (46) and (46-1) reinforce principles of disclosures and transparency by including the State of Kuwait’s International Investment Position and Total External Debt, respectively, on an annual and quarterly basis.

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09.12.19 Workshop

CBK Holds a Workshop on Information & Cyber Security

The Central Bank of Kuwait (CBK) hosted a workshop on information and cyber security on December 9, 2019 presented by Mr. Ross Knapp, J.P. Morgan's Head of Client Intelligence & Strategic Engagement and was attended by professionals in the Kuwaiti banking sector.

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08.12.19 Press Statement

CBK Governor Patron and Keynote Speaker of the 8th Shura Fiqh Conference

His Excellency the Governor of the Central Bank of Kuwait (CBK) Dr. Mohammad Y. Al-Hashel delivered a keynote address at the 8th Shura Fiqh Conference on 8th December 2019 at the Four Seasons Hotel, Kuwait. The event took place under the Governor’s patronage.

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10.11.19 Press Release

CBK Unveils Liquidity Management and Forecasting Dashboard

His Excellency the Governor of the Central Bank of Kuwait (CBK) Dr. Mohammad Y. Al-Hashel announced CBK’s live and consolidated “Liquidity Management and Forecasting Dashboard”, which enhances the ability to forecast liquidity conditions more accurately and at an earlier point in time, in turn leading to more efficient utilization of monetary policy instruments.

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06.11.19 Press Release

Key Developments in the Balance of Payments of the State of Kuwait for the Second 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 2nd quarter of 2019, and the revised data of the preceding quarter.

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03.11.19 Press Release

CBK Launches the Second Round of “Certified Sharia Auditor” Program in Collaboration with IBS

His Excellency the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced the second round of the “Certified Sharia Auditor” program in collaboration with the Institute of Banking Studies (IBS).

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30.10.19

CBK Cuts its Discount Rate by a Quarter Percentage Point from 3.00% to 2.75%

In light of the Central Bank of Kuwait’s (CBK) mandate to maintain monetary and financial stability, the Board of Directors decided today to lower the discount rate from 3.0% to 2.75%. The decision fulfils the dual objectives of promoting non-inflationary economic growth conditions in non-oil sectors, and ensuring the continued attractiveness and the competitiveness of the national currency as a reliable store of domestic savings, both of which are mainstays of monetary policy.

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21.10.19 Press Release

CBK Announces the Launch of Risk Management Leadership Program

The Central Bank of Kuwait (CBK) has announced the launch of the Risk Management Leadership Program, the program falls within the “Kafa’a” capacity-building initiative developed in cooperation with Kuwaiti banks and under the Institute of Banking Studies (IBS) management.

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08.10.19 Press Release

CBK's Decision on KFH Request to Acquire Ahli United Bank - Bahrain

The Central Bank of Kuwait (CBK) grants conditional approval on Kuwait Finance House (KFH) request to acquire Ahli United Bank - Bahrain.

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