Central Bank of KuwaitKWfinanceAug 21, 2026, 3:15 PMImpact 50.7

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

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