14.10.24 Press Statement

The Seventh Edition (September 2024); "Overview on the Balance of Payments and its Importance in Economic Analysis"

The Central Bank of Kuwait (CBK) releases the seventh edition (September 2024) "Overview on the Balance of Payments & its Importance in Economic Analysis".

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10.10.24 Press Statement

International Monetary Fund Concludes 2024 Article IV Consultation with the State of Kuwait

International Monetary Fund (IMF) Concludes 2024 Article IV Consultation with the State of Kuwait

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07.10.24 Press Statement

CBK Enriches Economic & Financial Knowledge among Business Administration Students at "Kuwait-IMF Towards a Constructive Partnership Forum"

The Central Bank of Kuwait (CBK) Enriches Economic & Financial Knowledge among Business Administration Students at "Kuwait-IMF Towards a Constructive Partnership Forum"

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29.09.24 Press Release

CBK Continues to Enhance and Update Monthly Statistics Tables

Keen on assessing and updating its statistical bulletins, and seeking further development of its statistical data to provide integrated and comprehensive information in terms of scope of coverage, regularity, up-to-date data, and quality in line with the latest global best practices in the field, the Central Bank of Kuwait has updated the tables in its Monthly Monetary Statistical Bulletin as of the August 2024 issue.

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26.09.24 Press Release

CBK Issues 2023 Financial Stability Report

In line with its efforts to enhance transparency, disclosure, and provide reliable information and statistics related to the Kuwaiti financial and banking sector, the Central Bank of Kuwait (CBK) has issued its Financial Stability Report for the year 2023.

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18.09.24 Press Release

CBK Cuts Discount Rate by 25 Basis Points to 4.00%

In light of its vigilant monitoring of the domestic and international economic developments and the end of the monetary tightening cycle initiated since March 2022 at most of global central banks, the Board of Directors of the Central Bank of Kuwait (CBK) decided to cut the discount rate by 25 Basis Points from 4.25% to 4.00% effective 19-09-2024.

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13.09.24 Press Statement

Fitch Ratings Affirms State of Kuwait Sovereign Credit Rating at (AA-); Outlook Stable

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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).

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18.08.24 Press Release

Launching FinTech MBA Internal Scholarship Program for Kuwaitis in Cooperation with Gulf University

In light of CBK’s strategy to develop qualified national cadres in the financial and banking sector, and in response to the changes taking place in this field, the Kuwait Institute of Banking Studies (KIBS) announces the launch of FinTech MBA internal scholarship program for Kuwaitis, in cooperation with Kuwaiti banks and Gulf University for Science and Technology.

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20.06.24 Announcement

CBK Launches "Initiative Accelerator Program" at Innovation Hub "Wolooj"

The "Initiative Accelerator Program" at the Central Bank of Kuwait's Innovation Hub "Wolooj" is a dynamic initiative aimed at supporting aspiring Kuwaiti individuals with innovative ideas that benefit the banking and financial sector. The program is designed to foster creativity, innovation, and entrepreneurship within the local ecosystem by providing participants with the necessary support, resources, and mentorship to turn their ideas into successful ventures on pre-defined themes.

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