CBK
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Business
CBK: Kuwait’s money supply increased to KD 39.2bn in March
KUWAIT: The Central Bank of Kuwait (CBK) announced on Sunday that its data for the “Monthly Monetary Statistics” showed that…
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Business
Kuwait’s CBK extends working hours for real time settlement system
Kuwait: The Central Bank of Kuwait (CBK) announced on Sunday that an extension for the working hours of the real…
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Kuwait
CBK’s occasional coins mark engraved gold, silver nat’l symbols
Kuwait: The Central Bank of Kuwait (CBK) has always been eager to mark the country’s national occasions in a special…
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Business
Rapid growth in fintech underlines need for regulation and supervision
KUWAIT: The Central Bank of Kuwait is hosting a panel discussion on financial technology (fintech) regulation and oversight from Feb…
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Kuwait
CBK: Six local banks join GCC Cross-border Payment System “AFAQ”
Kuwait: Six local banks have joined the GCC Cross-border Payment System (AFAQ) in the State of Kuwait, the Central Bank…
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Business
CBK raises discount rate to 2.75%, 2nd hike in a month
By Majd Othman KUWAIT: Central Bank of Kuwait Governor Basel Al-Haroon stated that the Central Bank has decided to raise…
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Business
CBK raises discount rate by quarter percentage point
KUWAIT: The Central Bank of Kuwait raised the discount rate by a quarter percentage point from 2.25 percent to 2.50 percent…
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Business
CBK governor issues guidelines for digital banks
KUWAIT: As tech-based business models are becoming increasingly vital within the banking and finance sector to support and enhance services…
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Business
CBK to hold virtual event on enabling Kuwait’s banking and financial sector
KUWAIT: The Central Bank of Kuwait (CBK) will hold an event tomorrow (31 January 2022) to unveil the CBK’s enhanced…
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Kuwait
KFH raises awareness on rights of persons with special needs
KUWAIT: In line with its commitment to promoting financial inclusion in society, Kuwait Finance House (KFH) endeavors to obliterate all…
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Business
CBK launches fourth round of ‘Certified Shariah Auditor’ certificate program
KUWAIT: In an effort to enhance the governance of Shariah supervision in the Islamic banks in Kuwait, and reinforce Shariah…
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Kuwait
Money supply up 1% in Sept: CBK
KUWAIT: Central Bank of Kuwait (CBK) announced yesterday an increase in Broad Money Supply (M2) by about 0.1 percent last…
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