Press Releases

Showing 10 of 18 Results

23.12.14 Press Release

CBK Announces Liquidity Coverage Ratio - LCR

H.E. the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel, announces the liquidity coverage ratio for both conventional and Islamic banks.

More

04.11.14 Press Release

CBK Announces Publication of Financial Stability Report for 2013

The Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel, announces publication of the Financial Stability Report for 2013.

More

23.10.14 Press Release

The 60th meeting of the Committee of Governors of Monetary Agencies and Central Banks in GCC in the State of Kuwait

H.E. the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel heads the 60th meeting of the Committee of Governors of Monetary Agencies and Central Banks in the GCC, which will be held on Friday, 24th October, 2014, in the State of Kuwait. H.E. the Governor will also participate in the 30th meeting of the board of directors of Gulf Monetary Council which is scheduled on Saturday, 25th October, 2014.

More

21.10.14 Press Release

CBK Approves Opening of a Second Branch of QNB in the State of Kuwait

H.E. the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel announces that CBK’s Board of Directors has approved the opening of a second branch of Qatar National Bank (QNB) in the State of Kuwait.

More

21.10.14 Press Release

CBK Announces the Instructions for Implementing the Leverage Ratio Standards to Kuwaiti Banks

H.E. the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel announces that CBK’s Board of Directors has approved the Instructions for implementing the Leverage Ratio Standards to Kuwaiti banks.

More

16.09.14 Press Release

CBK Announces Publication of Annual Report for the Fiscal Year 2013/14

The Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announces to the public the release of the Annual Report of CBK for the fiscal year (FY) 2013/14.

More

06.09.14 Press Statement

H.E. the Governor of CBK Extends his Appreciation and Pride for Naming His Highness the Amir of Kuwait as a “Humanitarian Leader” and Kuwait as an “International Humanitarian Center”

H.E. the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel extends his appreciation and pride on the occasion of the United Nations (UN) honoring and naming His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah as a “Humanitarian Leader” and naming the State of Kuwait as an “International Humanitarian Center”.

More

09.07.14 Press Statement

Limited and Primitive Amount of Counterfeiting the New Currency Was Discovered

His Excellency the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel stated that a small number of comparatively crude attempts to counterfeit the newly-circulated 6th issue banknotes had been detected. The Central Bank of Kuwait, in collaboration with other concerned authorities had, therefore, initiated the necessary steps to bring to account those responsible for this heinous act.

More

28.06.14 Press Statement

CBK Announces the Release of the 6th Issue of Kuwait Banknotes into Circulation

His Excellency, the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced that the CBK has finalised its preparations for the release of the 6th issue of Kuwait banknotes into circulation on Sunday 29th June 2014.

More

24.06.14 Press Statement

CBK Announces the Implementation of the Instructions of Basel III Capital Adequacy Standard in its Final Format to All Local Banks

His Excellency, the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, stated that the CBK’s Board of Directors approved, in a meeting held on 24-06-2014, the instructions of Basel III Capital Adequacy Standard in its final format for both conventional and Islamic banks, having already adopted on 24-12-2013 the regulatory capital structure and the transitional phase for implementation thereof in the light of the positive outcomes of the Quantitative Impact Study (QIS) reflecting the ability of banks to meet Basel III capital adequacy standards - despite the additional requirements with respect to regulatory capital.

More