Market Brief

Preliminary Approval to Licensing HSBC Bank Middle East to Open a Branch in the State of Kuwait

14.02.05 Preliminary Approval to Licensing HSBC Bank Middle East to Open a Branch in the State of Kuwait H.E. Sheikh Salem Abdulaziz Al-Sabah, the Governor of the Central Bank of Kuwait (CBK), stated that the CBK Board of Directors, in a meeting on 13th of February 2005, decided on the issuance of provisional approval to HSBC Bank Middle East to open a branch in the State of Kuwait. More

Central Bank of Kuwait | Aug 21, 2026, 6:15 PM

The Developments of the Balance of Payments of the State of Kuwait for Year 2004

10.04.05 The Developments of the Balance of Payments of the State of Kuwait for Year 2004 H.E. Sheikh Salem Abdulaziz Al-Sabah, Governor of the Central Bank of Kuwait(CBK), announced in a press release to the Kuwait News Agency (KUNA) that the provisional Balance of Payments statistics of the State of Kuwait for 2004 indicate that the 'Balance on Goods' of the State of Kuwait (the arithmetical difference between the total value of merchandise exports and imports on 'fob' basis), realized a surplus estimated at KD 5688 million in 2004, thus recording an increase of KD 2138 million (60.2%), above its level of KD 3550 million during 2003. H.E. the Governor clarified that CBK resorted to estimat