"The non-performing loan ratio has seen only slight increases, and is still at historically low levels," the central bank cited its governor Mohammad al-Hashel as saying
Reuters News - 24-Feb-2021Lenders continue to be profitable despite challenges: Governor
Arab Times - 24-Feb-2021It is not permitted to finance any person or institution for the purpose of investing in the Bitcoin currency
Arab Times - 21-Feb-2021The bill covers remittances of individuals, companies and organizations
Arab Times - 21-Feb-2021GM-Consumer Banking Group at National Bank of Kuwait, in an Interview with Kuwait TV
Press Release - 16-Feb-2021KFH Earnings Webcast FY-2020
Press Release - 15-Feb-2021Al-Rushaid: The campaign enhances financial culture among different segments of society and raises awareness about the various banking services
Press Release - 14-Feb-2021Ibrahem Al Shariadah as Chief Executive Officer for its operation in Saudi Arabia
Press Release - 09-Feb-2021Al-Roshood: Campaign promotes financial inclusion and economic stability
Press Release - 07-Feb-2021The three main functions of banks: saving and investing, managing funds, and financing operations
Press Release - 02-Feb-2021Hosted a webinar on managing downside risk to achieve long-term outperformance
Press Release - 31-Jan-2021Shareholders approved all proposed amendments to article 5 of the Memorandum of Association and article 4 of the Articles of Association pertaining to the Company's business activities, which included adding "Market Maker" to the company's activities
Press Release - 27-Jan-2021Asian shares rise as U.S. stimulus plans offset virus woes
Reuters News - 25-Jan-2021Apex bank allows banks to distribute dividends based on strength and durability of the financial results of banks
ZAWYA - 25-Jan-2021UAE markets end lower as COVID-19 cases surge; Saudi muted
Reuters News - 24-Jan-2021Once the bill is implemented, it will generate at least $329.46mln national revenues per year
Arab Times - 11-Jan-2021This stable outlook on KIB's Long-term IDR reflects the outlook on the Kuwaiti sovereign rating
Press Release - 23-Dec-2020Demand exceeded offered bonds, emphasizing investors' trust in Markaz
Press Release - 21-Dec-2020During the coronavirus pandemic, the bank continued to play its historic role and social responsibility by soliciting and recruiting national talent.
Press Release - 15-Dec-2020"Kafaa" initiative program launched by the Central Bank of Kuwait
Press Release - 15-Dec-2020Move to reduce risks tied to money laundering, terror financing
Arab Times - 10-Dec-2020The bonds comply with the Basel III regulatory framework
TradeArabia - 09-Dec-2020Official sources indicated that banks from now onwards must prepare report on foreign flows on an ongoing basis
Arab Times - 06-Dec-2020Data of the Central Bank’s account statement in October indicated a decline in the volume of cash balances, bonds, certificates of deposit, treasury bills and deposits in foreign currency
Arab Times - 29-Nov-2020Aion's E-KYC and digital onboarding solution has now been approved by 3 regulators in the GCC region, the latest one being the Central Bank of Kuwait (CBK)
Press Release - 18-Nov-2020Al-Ablani: We are keen to raise the banking knowledge and develop human cadres in many government entities
Press Release - 08-Nov-2020S&P GCC composite index decline by 2.8% in October
Press Release - 03-Nov-2020Al-Sager: We gave an example to follow for crisis management, and our results reflect our flexible business model
Press Release - 01-Nov-2020An outstanding banking experience that ensures customers' safety and quick, easy banking transactions
Press Release - 25-Oct-2020Initiative is in line with rapid developments seen in the Islamic finance industry in Kuwait
ZAWYA - 06-Oct-2020The average rate of the KD against the USD for the past fiscal year amounted to 304.034 fils for a dollar: CBK Governor
Arab Times - 07-Sep-2020
Kuwait's fiscal year runs from April 1 to March 31
Reuters News - 18-Aug-2020The reserve assets amounted to $45.65bln by the end of June 2020
Mubasher - 09-Aug-2020Al-Majed: With Allah's Help, We Will Overcome the Ongoing Crisis, Despite Its Severity
Press Release - 28-Jul-2020Primary issuances of Bonds and Sukuk in the GCC amounted to USD 70.7 billion during H1-2020, an increase of 9% year-on-year
Press Release - 26-Jul-2020The report highlighted the role played by the SMEs sector in the Kuwaiti economy, where it contributes around 3% of the GDP, with the gross value added by the SMEs of KD 1,216 million (2019)
Press Release - 20-Jul-2020Vision Invest certifies its directors through GCC Board Director Institute's Certified Board Director programme
Press Release - 19-Jul-2020Reserve assets amounted to $44.52bln by the end of May 2020
Mubasher - 07-Jul-2020The GCC Board Directors Institute (GCC BDI) in collaboration with The Financial Academy in Saudi Arabia today awarded graduation certificates
Press Release - 05-Jul-2020Around 80% of the finances were granted to businesses impacted by the coronavirus outbreak
Mubasher - 23-Jun-2020Assets decreased by 0.48% in April 2020 to $235.76bln
Mubasher - 23-Jun-2020Kuwait has sovereign savings of $655bln, which have accumulated over the decades as a result of surpluses from oil revenues
Arab Times - 14-Jun-2020Majority of the MPs are against the enforcement of any law that might harm the SMEs and national employees in the private sector: chairperson
Arab Times - 11-Jun-2020The current account surplus soared by 11.9% in 2019
Mubasher - 11-May-2020New low interest rate set at 1.5%
Arab Times - 06-May-2020Official reserve assets registered $39.488bln by the end of last month
Mubasher - 04-May-2020The move, part of various measures by the central bank in response to the coronavirus crisis
Reuters News - 19-Apr-2020Kuwait implemented strict precautionary measures after its first cases of Covid- 19 were recorded in late February
Oxford Business Group - 15-Apr-2020
The minimum ratio has been reduced to 10.5%, the governor said.
Reuters News - 05-Apr-2020Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
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