KUWAIT: In a significant milestone that reinforces the Bank’s leadership and instrumental role in advancing Kuwait’s financial infrastructure and supporting Vision 2035, Kuwait Clearing Company (KCC) ...

KUWAIT: In continuation of the trend seen in late 2024, domestic credit growth was solid in Q1 (+1.6 percent), driving up the y/y increase to 4.4 percent. Growth was mostly driven by business credit, ...

Data from the Central Bank of Kuwait revealed that total consumer spending by citizens and expatriates reached KD11.25 ...

KUWAIT CITY - The Central Bank of Kuwait (CBK) has instructed all local banks to strengthen their due diligence processes by enhancing efforts to update customer data and closely monitor account ...

Fast forward to February 2022, the Central Bank of Kuwait (CBK) announced that it will start receiving applications for digital bank licenses between the months of February and June of 2022, a ...

Burgan Bank recently took part in the annual Career Fair hosted by the American University of Kuwait (AUK) alongside Kuwait’s ...

Severe violations leading to fatal accidents will incur the highest penalties' The Central Bank of Kuwait has set April 18 as the deadline for exchanging the fifth-issue banknotes for the sixth ...

The bank has 526 global branches and employs 13,000 people. In early July 2022, the Central Bank of Kuwait approved the acquisition of 100% of the capital shares of Ahli United Bahrain (AUB) by KFH, ...

Supported by advantageous financial conditions and tight regulations from the country’s central bank, Kuwait’s banking sector remains secure despite economic strife elsewhere in the region. Founded in ...

Kuwait is in advanced discussions to convert $4 billion of deposits held in Egypt’s central bank into investments in the country, another boost for the Middle East’s most populous nation as it ...