Press Releases

Showing 10 of 55 Results

20.12.21 Press Statement

CBK Confers with Abdullah Al-Salem University Board on Future of Jobs

Aiming to assess job market demands and the skills required from graduates seeking banking and finance sector employment, the Central Bank of Kuwait (CBK) hosted a meeting with the Constituent Board of Abdullah Al-Salem University. Initiated by the latter, the meeting convened at CBK Headquarters Monday, Dec 20, 2021 chaired by CBK Governor Dr. Mohammad Y. Al-Hashel and the university board’s Chairperson Professor Dr. Moudi A. Al-Humoud.


14.12.21 Press Statement

CBK-IMF Panel Discussion on Unwinding COVID-19 Measures

The Central Bank of Kuwait (CBK), in cooperation with the IMF-Middle East Center for Economics and Finance (IMF-CEF), hosted a panel discussion titled “Policies Related to COVD-19 Measures” during 13-14 December 2021 with the participation of GCC central banks.


30.11.21 Workshop

CBK Organizes a Workshop on Transitioning Away from LIBOR in Collaboration with GMCo

The Central Bank of Kuwait (CBK) organized a workshop in collaboration with Gulf Monetary Council (GMCo) on transitioning away from LIBOR.


28.11.21 Press Statement

CBK and CMA Launch an Awareness Campaign on Crypto Assets

The Central Bank of Kuwait (CBK) in collaboration with the Capital Markets Authority (CMA) launched a joint financial literacy campaign regarding investing or dealing in crypto assets, or so-called “virtual currencies”.


21.11.21 Press Statement

CBK Launches the Fourth Round of the "Certified Shari’ah Auditor" Certificate Program

In an effort to enhance the governance of Shar’iah supervision in the Islamic banks in Kuwait, and reinforce Shari’ah auditing in such banks, the Central Bank of Kuwait (CBK) launched the fourth round of the Certified Shari’ah Auditor Certificate Program within the Kafa’a Initiative. The Kafa’a Inititative was launched by the CBK in collaboration with Kuwaiti banks and is managed by the Institute of Banking Studies (IBS).


20.10.21 Press Statement

International Monetary Fund Concludes 2021 Article IV Consultation with the State of Kuwait

The Central Bank of Kuwait (CBK) issued a press statement on the conclusion of the International Monetary Fund’s (IMF) Article IV Consultation to the State of Kuwait, held from 26th September to 10th October 2021.


19.10.21 Press Statement

The Governor Honors the Distinguished Supporters of the “Diraya” Campaign

The Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, honored distinguished Kuwaiti banks for their efforts in supporting the banking awareness campaign “Be Aware”, “Diraya” in Arabic. The banks participated by communicating with customers through their digital platforms and social networks’ accounts, as well as organizing activities and disseminating content to increase public awareness on a range of topics related to financial and banking.


18.10.21 Press Statement

National Bank of Kazakhstan Requests CBK Insight on E-Settlement Systems, BIS Membership

The Central Bank of Kuwait (CBK) was invited to a consultative session by the National Bank of Kazakhstan, which focused on monetary policy, regulatory policy, and electronic settlement systems. The virtual meeting, held on Monday, October 18, 2021, also shed light on CBK’s membership within the Bank for International Settlements (BIS).


12.10.21 Press Statement

CBK Unwinds Measures Imposed to Counter Pandemic After Banking Sector's Success in Overcoming its Impact

In line with continuous review of its regulatory instructions, the Central Bank of Kuwait has decided to start unwinding measures imposed since April 2020 to counter the negative implications from the COVID-19 pandemic, after the banking sector’s success in overcoming the first year of the crisis. The regulatory instructions and macro prudential tools had earlier been amended within CBK’s pre-emptive policy to ward off repercussions of the pandemic.


06.10.21 Press Statement

CBK & Kuwait Financial Intelligence Unit (KFIU) Sign Memorandum of Understanding

In an effort to enhance cooperation and coordination between the Central Bank of Kuwait (CBK) and the Kuwaiti Financial Intelligence Unit (KWFIU) within the framework of Law No. (106) of 2013 concerning Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT), the CBK and KWFIU signed a memorandum of understanding, on Wednesday morning October 6, 2021, regarding the cooperation and information exchange in the field of AML/CFT and related crimes, at the CBK headquarters.