CBK Unwinds Measures Imposed to Counter Pandemic After | Market Intelligence API | Briefly NewsStream
Central Bank of KuwaitKWfinanceImpact 50.7
CBK Unwinds Measures Imposed to Counter Pandemic After Banking Sector's Success in Overcoming its Impact
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. More
