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The central bank increased the discount rate by 25 basis points from 5.50% to preserve the competitiveness of the Kuwaiti dinar.
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
72
The exchange rate of the Kuwaiti dinar against the US dollar will reflect foreign trade and financial relations of Kuwait using a currency basket.
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
72
The central bank strengthened the Kuwaiti dinar to 289.14 fils per US dollar to protect purchasing power and contain imported inflation.
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
72
The central bank board discussed local, regional, and international factors influencing activity in the Kuwait Stock Exchange.
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
72
The central bank reaffirmed its exchange rate policy to protect purchasing power and maintain monetary stability following false online reports.
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
72
Representatives from Gulf region central banks gathered to discuss monetary policy implementation in fixed exchange rate systems under uncertainty.
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
72
16.10.08 Press Statement Governor Meets Local Bank Chairmen H.E. Sheikh Salem Abdulaziz Al-Sabah, the Governor of the Central Bank of Kuwait (CBK) met, on Wednesday the 15th of October 2008, the board chairmen of local banks. The purpose of the meeting was to emphasize the importance of the role played by local banks, in their financial transactions with investment companies, to ensure uninterrupted flow of funds into the economy and reinforce the stability of the financial market. In this meeting, H.E. the Governor underlined a number of important aspects of the banking business, at this stage, which included the following: More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
65
07.09.20 Press Statement CBK Announces the Publication of the Annual Report for the FY 2019/20 His Excellency, the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced the publication of CBK’s 48th Annual Report for Fiscal Year (FY) 2019/20, including the audited financial statements (the Balance Sheet and Profit and Loss Account) of the CBK for the FY ended 31st March 2020. The report also comprises the key developments in the main monetary aggregates and banking indicators, the Kuwaiti Dinar (KD) exchange rate, domestic interest rates, money supply, deposits, bank credit, domestic liquidity, public debt instruments, aggregate balance sheet of local banks, and
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
65
18.04.24 Press Statement CBK Hosts a Workshop on Monetary Policy provided by IMF’s Middle East Center for Economics and Finance (CEF) The Central Bank of Kuwait (CBK) hosted a workshop for GCC officials on selected issues in monetary policy, organized by the International Monetary Fund's Middle East Center for Economics and Finance (IMF-CEF) April 16-18, 2024. The bank said this comes part of efforts to train national and GCC cadres, enhance monetary policy approaches, and implement global best practices in this field, adding that the attendees are representatives of GCC central banks and monetary authorities. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
64
The publication outlines efforts by the Central Bank of Kuwait to maintain monetary stability, supervise banks, and enhance financial technology systems.
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
64
03.06.03 CBK Governor's Statement on the Issuance of Islamic Banking Law The National Assembly has recently passed Law No. 30/2003 (concerning Islamic Banks) that modifies Law No. 32/1968 (concerning Currency, Central Bank of Kuwait, and Organization of the Banking Business) by inserting to the latter?s Third Chapter a special section on Islamic banks. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
23.01.08 CBK Cuts its Discount Rate to 5.75% H.E. the Governor of the Central Bank of Kuwait (CBK), Sheikh Salem Abdulaziz Al-Sabah, announced in a press statement to the Kuwait News Agency (KUNA) that the CBK Board of Directors has decided to cut the CBK discount rate by 50 basis points to 5.75% from 6.25% effective from Wednesday, 23rd of January 2008. H.E. the Governor explained that the decision resulted from the continued surveillance by CBK of the developments in interest rates on major international currencies, particularly the US dollar, to ensure having consistent local interest rates on the Kuwaiti dinar (KD), taking into account the current domestic economic conditions. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
02.04.12 New Governor for the Central Bank of Kuwait A Decree by H.H. the Amir was issued on the 1st of April, 2012 appointing Dr. Mohammad Y. Al-Hashel as Governor of the Central Bank of Kuwait (CBK) with a rank of Minister. According to Law No. 32 of the year 1968 concerning Currency, the Central Bank of Kuwait and the Organisation of Banking Business the Governor of CBK is also the Chairman of its Board of Directors and serves for a 5-year renewable term. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
03.05.12 New Deputy Governor for the Central Bank of Kuwait A Decree by H.H. the Amir was issued on the 3rd of May, 2012 appointing Mr. Yousef J. Alobaid as Deputy Governor of the Central Bank of Kuwait (CBK). According to Law No. 32 of the year 1968 concerning Currency, the Central Bank of Kuwait and the Organisation of Banking Business, the Deputy Governor of CBK is also a member of its Board of Directors and serves for a 5-year renewable term. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
09.07.14 Press Statement Limited and Primitive Amount of Counterfeiting the New Currency Was Discovered His Excellency the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel stated that a small number of comparatively crude attempts to counterfeit the newly-circulated 6th issue banknotes had been detected. The Central Bank of Kuwait, in collaboration with other concerned authorities had, therefore, initiated the necessary steps to bring to account those responsible for this heinous act. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
19.04.15 Press Release CBK Announces the Withdrawal of the Fifth Issue of Currency Notes from Circulation H.E. the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced that the remaining volume of the fifth issue of Kuwaiti Dinar (KWD) banknotes left in circulation was to be withdrawn from public circulation, and would no longer represent legal tender as from close of business 1st October 2015. In this regard it will be noted that a new, sixth issue of KWD banknotes was released into public circulation by the CBK on 29th June 2014 and that the total amount of banknotes currently outstanding is estimated as being KWD 1,400 million. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
23.03.19 Press Release CBK Hosting IMF Panel Discussion on Banking Supervision & Oversight The Central Bank of Kuwait (CBK) is hosting a high-level panel discussion organized by the International Monetary Fund (IMF) Middle East Center for Economics and Finance (CEF) on banking supervision and oversight. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
27.01.20 Press Statement CBK Statement on The IMF Article IV Consultation for Year 2020 The Central Bank of Kuwait (CBK) press statement on the International Monetary Fund (IMF) mission to the State of Kuwait from January 7th through January 20th, 2020. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
22.06.21 Press Statement CBK issues a Second Batch of Commemorative Coins Marking 60th Anniversary of the National Currency and 40th Anniversary of Establishing the GCC The Central Bank of Kuwait (CBK) announced the release of the second batch of commemorative coins marking the 60th anniversary of the issuance and circulation of the Kuwait national currency, as well as the 40th anniversary of the establishment of the Gulf Cooperation Council (GCC). A second batch was minted due to the high demand on the two commemorative coins upon their previous release. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
25.08.22 Press Release CBK to Test a First-of-its Kind Product for Open Banking within the Regulatory Sandbox Keen to enable the new FinTech and support the Open Banking to help bring about innovative business models in the field of financial services, the Central Bank of Kuwait (CBK) has given the green light to test a first-of-its kind product by launching thereof in the local market within the Regulatory Sandbox and applying the same to banking transactions of volunteer customers to fully assess and evaluate the product before the final launch in the market. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
23.10.22 Press Statement CBK to Test a Buy Now Pay Later (BNPL) Product within its Regulatory Sandbox In light of the keenness of the Central Bank of Kuwait (CBK) to enable modern financial technologies in the State of Kuwait and to enhance its role in adopting and encouraging innovation, in a way that promotes the introduction of innovative business models, the CBK has allowed a new Buy Now Pay Later (BNPL) product to begin testing by launching thereof in the local market within the Regulatory Sandbox with a group of volunteer customers and merchants to fully assess and evaluate the product before the final launch in the market. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
09.10.22 Press Statement CBK to Test e-Wallet Product within its Regulatory Sandbox As part of its efforts to enable new fintech in the State of Kuwait to deploy more innovative business models, the Central Bank of Kuwait (CBK) announced that it has approved the soft launch of a new product in the local market within its Regulatory Sandbox by applying it to a group of volunteer customers to evaluate the product before the final approval thereof. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
20.02.23 Press Release CBK Hosts a Workshop on the Supervision and Regulation of FinTech Provided by IMF’s Middle East Center for Economics and Finance (CEF) Central Bank of Kuwait (CBK) hosts a workshop on the supervision and regulation of FinTech provided by International Monetary Fund's (IMF) Middle East Center for Economics and Finance (CEF). More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
62
16.12.15 Press Release CBK Raises Discount Rate by a Quarter Percentage Point to 2.25% The Board of Directors of the Central Bank of Kuwait (CBK) decided to raise the Discount Rate by a quarter percentage point to 2.25% from 2%. His Excellency, the Governor and Chairman of the CBK Board of Directors, Dr. Mohammad Y. Al-Hashel, announced in a press statement to Kuwait News Agency (KUNA) that CBK decision to raise the discount rate comes into effect from Thursday, 17/12/2015, and reflects CBK efforts to ensure competitiveness and attractiveness of the national currency as a store of domestic savings, and to further strengthen the supporting environment for all the sectors of the national econo
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
08.11.16 Press Release CBK Issues a Commemorative Coin on the 130th Anniversary of the First National Currency Coin “Pice” His Excellency the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced that CBK issued a commemorative coin for the 130th anniversary of the first national coin "Pice". More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
19.07.20 Press Statement CBK is Committed to its Foreign Exchange Rate Regime His Excellency the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel affirmed the CBK’s commitment to its foreign exchange rate regime. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
08.02.21 Press Statement CBK Issues Commemorative Coins to Mark Kuwait National Days & National Currency Anniversary The Central Bank of Kuwait (CBK) is marking the 60th anniversary of the Independence and the 30th anniversary of the Liberation of the State of Kuwait, as well as the 60th anniversary of the issue and circulation of the Kuwait national currency, the Kuwaiti Dinar, by issuing three commemorative coins on these occasions, stated His Excellency the CBK Governor Dr. Mohammad Y. Al-Hashel. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
19.04.21 Press Statement The Launch of the "Kafa'a" Initiative Website The Central Bank of Kuwait (CBK) in collaboration with the Institute of Banking Studies (IBS) and Kuwaiti banks announced the launch of the official “Kafa’a” initiative website. The platform was established to share the training programs offered to develop and qualify national cadres specialized in finance and banking. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
30.06.22 Press Statement CBK Provides Banks with New Currency Notes for Eid Al-Adha The Central Bank of Kuwait (CBK) announced the completion of the process of providing all local banks with new Kuwait currency notes of various denominations to meet the needs of citizens and residents on the occasion of approaching Eid Al-Adha. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
27.04.22 Press Statement CBK Instructs Local Banks to Share Financial Transactions Data Central Bank of Kuwait instructs local banks to share financial transactions data. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
16.04.22 Press Statement CBK Provides Banks with New Currency Notes for Eid Al-Fitr The Central Bank of Kuwait (CBK) announced the completion of the process of providing all local banks with new Kuwait currency notes of various denominations to meet the needs of citizens and residents on the occasion of approaching Eid Al-Fitr. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
08.12.22 Press Statement Launching "Apple Pay" Service Having Met all the Legal and Regulatory Requirements Having fulfilled all the legal and regulatory requirements of the other regulators, the Central Bank of Kuwait (CBK) announced the complete launch by several Kuwaiti banks of “Apply Pay” services provided by Apple International in the local market. This demonstrate CBK’s keenness to support and help develop easy and quick digital services to the public at the highest security standards that ensure protection of the customer’s banking information. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
29.08.24 Press Statement CBK Launches "Kuwait Overnight Interest Average" (KONIA) Continuing its significant strides made to consolidate financial stability and introduce financial benchmarks for the local market seen as a reliable reference as per the best international standards, and contributes to enhancing transparency and efficiency of financial transactions in the State of Kuwait, the Central Bank of Kuwait (CBK) announced the launch of "Kuwait Overnight Interest Average" (KONIA). More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
61
15.12.04 CBK Raises Its Discount Rate by 25 basis points CBK's Board of Directors decided to raise the discount rate to 4.75% instead of 4.50% effective today 15-12-2004. H.E. the Governor of CBK Sheikh Salem Abdulaziz Al Sabah announced the decision in a press release to the Kuwait News Agency (KUNA). H.E. the Governor explained that the decision came within CBK's monitoring of both domestic and international economic and monetary developments, and the rise in interest rates on international currencies especially the US Dollar which the KD exchange rate is pegged to within specific margins, and the efforts of CBK to ensure the consistency between interest rates on the KD and on internationa
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
60
18.12.17 Press Release CBK Announces an Executive Education Program for Banking and Finance Executives with Harvard Business School Dr. Mohammad Yousef Al-Hashel, Governor of the Central Bank of Kuwait, Chairman of the Board of Directors of the Institute of Banking Studies (IBS), announced that the IBS will work with Harvard Business School for the ninth year in a row to present an executive education program for banking and finance executives in the GCC region, and from other Middle Eastern countries, during January 27th – February 1st, 2018. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
53
22.12.18 Press Release CBK Announces an Executive Education Program for Banking and Finance Executives with Harvard Business School for the Tenth Year in a Row Dr. Mohammad Yousef Al-Hashel, Governor of the Central Bank of Kuwait, Chairman of the Board of Directors of the Institute of Banking Studies (IBS), announced that the IBS will work with Harvard Business School for the tenth year in a row to present an executive education program for banking and finance executives in the GCC region, during January 26 – 31, 2019. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
53
22.12.19 Press Release CBK Announces an Updated Executives Education Program for Banking and Finance Executives with Harvard Business School for the 11th Year in a Row Dr. Mohammad Y. Al-Hashel, Governor of the Central Bank of Kuwait, Chairman of the Board of Directors of the Institute of Banking Studies (IBS), announced that IBS will again work with Harvard Business School (HBS) to present a special and updated executive education program for banking and financial executives in the GCC region. Many aspects of the program have been restructured to reflect the latest trends in the evolving banking and financial services sector. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
53
06.02.22 Press Release Harvard Business School Presents a Virtual Program for Developing Banking and Financial Executives in Collaboration with Kuwait Institute of Banking Studies Dr. Mohammad Yousef Al-Hashel, the Governor of the Central Bank of Kuwait and the Chairman of the Board of Directors of the Institute of Banking Studies (IBS), announced that IBS shall collaborate with Harvard Business School (HBS) to provide a virtual executive education program, designed specifically to support the development of senior leaders in the banking and finance sector in the GCC countries given the rapidly changing conditions. Dr. Al-Hashel pointed out that the program shall provide virtual training cla
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
53
01.02.23 Press Release CBK Announces the 14th Session of Harvard Business School (HBS) In-Person Program for Banking and Financial Executives The Governor of the Central Bank of Kuwait (CBK) and Chairman of the Board of Directors of the Institute of Banking Studies (IBS), Basel A. Al-Haroon, announced that IBS shall organize the 14th session of Harvard Business School Program. The program is specifically designed to develop executives in GCC banks and financial institutions, in light of the changes in the business world, and the needs of the banking and financial sectors. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
53
16.11.23 Press Release CBK Announces the 15th Session of Harvard Business School (HBS) Program for Banking and Financial Executives The Governor of the Central Bank of Kuwait (CBK) and Chairman of the Board of Directors of the Institute of Banking Studies (KIBS), Basel A. Al-Haroon, announced that KIBS will present the fifteenth cohort of the Harvard Business School Program, designed to develop executives in GCC banks and financial institutions, in light of the changes in the business world, and the needs of the banking and financial sectors. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
53
14.05.07 Press Statement of H.E. Sheikh Salem Abdulaziz Al-Sabah, Governor of the Central Bank of Kuwait (CBK) regarding expanding the content of its periodic statistical publications to encompass statistics and aggregate financial data on exchange companies subject to its supervision, and statistics on the use of plastic cards in the banking system H.E. Sheikh Salem Abdulaziz Al-Sabah, Governor of the Central Bank of Kuwait (CBK), announced that the CBK has expanded the content of its periodic statistical publications to encompass statistics and aggregate financial data on exchange companies subject to its supervision, in addition to statistics and data on the growth in the volume of plasti
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
25.05.06 Provisional Balance of Payments Statistics of the State of Kuwait for Year 2005 The provisional Balance of Payments statistics of the State of Kuwait for 2005 which is prepared by the Central Bank of Kuwait (CBK) indicate an acceleration of the growth realized in the surplus of the 'Balance on Goods' (the arithmetical difference between the total value of merchandise exports and imports on 'fob' basis), by KD 3681 million (67.8%) to KD 9111 million during 2005, above its level of KD 5430 million during 2004. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
28.05.06 Press statement of H.E. the Governor of the Central Bank of Kuwait (CBK), Sheikh Salem Abdulaziz Al-Sabah, on the inclusion in CBK's periodic publications, of data and statistics on the investment companies subject to CBK's supervision H.E. the Governor of the Central Bank of Kuwait (CBK), Sheikh Salem Abdulaziz Al-Sabah, announced in a press statement the expansion of the content of CBK's periodic statistical publications, to include aggregate financial data and statistics on both the conventional investment companies and investment companies operating according to the provisions of Islamic Sharia. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
24.03.08 H.E. the Governor Announces CBK's Preliminary Approval to Al-Rajhi Banking & Investment Corporation (Al-Rajhi Bank) of Saudi Arabia to Open a Branch in Kuwait H.E. Sheikh Salem Abdulaziz Al-Sabah, the Governor of Central Bank of Kuwait (CBK) has stated that the CBK Board of Directors, in its meeting on 23rd of March 2008, has decided to approve in principle the licensing of Al-Rajhi Banking & Investment Corporation (Al-Rajhi Bank) of the Kingdom of Saudi Arabia to open a branch in the State of Kuwait. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
15.02.10 Registration of a Bank Branch (Al-Rajhi Banking & Investment Corporation (Al-Rajhi Bank)) in the CBK Bank Register H.E. Sheikh Salem Abdulaziz Al-Sabah, the Governor of the Central Bank of Kuwait (CBK), stated that on 9th of February 2010, the Minister of Finance issued the Decision No. (7) regarding the registration of Al-Rajhi Banking & Investment Corporation (Al-Rajhi Bank) branch in the CBK Islamic Bank Register. Accordingly, the registration was made on that date. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
16.09.14 Press Release CBK Announces Publication of Annual Report for the Fiscal Year 2013/14 The Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announces to the public the release of the Annual Report of CBK for the fiscal year (FY) 2013/14. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
13.07.15 Press Release CBK Announces the Release of Annual Report for the Fiscal Year 2014/15 His Excellency, the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced the release of the Annual Report of the CBK for the fiscal year (FY) 2014/15. The Governor clarified that this 43rd issue of the series of Annual Reports prepared and published by the CBK contains the CBK Balance Sheet, the Profit & Loss Account for FY ending 31st March 2015, in addition to the Auditors' Report on the financial statements. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
26.05.15 Press Release CBK Announces Launching Automated Cheques Clearing System His Excellency, The Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Yousef Al-Hashel stated that in keeping with efforts to develop the business environment for banks, and to facilitate automation of various banking activities - with the ultimate aim of improving banking services provided to the public - the CBK’s Board of Directors has approved an automated cheque clearing system as an alternative to the current procedure of processing cheques manually. His Excellency, The Governor indicated that the CBK has been cooperating closely with local banks for about two years in implementing this system. Mo
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
21.06.16 Press Release CBK Announces the Publication of the Annual Report for the Fiscal Year 2015/16 His Excellency, the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel, announced the release of the Annual Report of the CBK for the fiscal year (FY) 2015/16. The Governor clarified that this 44th issue of the series of Annual Reports prepared and published by the CBK contains the CBK Balance Sheet, the Profit & Loss Account for FY ended 31st March 2016, in addition to the Auditors' Report on the financial statements. More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52
12.09.19 The Governor of CBK and Chairman of the Institute of Banking Studies Concludes "Women & Leadership in Global Business" Program His Excellency the Governor of the Central Bank of Kuwait (CBK) and Chairman of the Institute of Banking Studies, Dr. Mohammad Y. Al-Hashel, concluded the program “Women & Leadership in Global Business”, held for the first time in Kuwait in collaboration with the London School of Economics and Political Science (LSE). More
Central Bank of Kuwait | discovered by Central Bank of Kuwait | Aug 18, 2026, 6:00 PM
Impact
52