Central Bank of Kuwait
Main Category: Central BanksFirst Address : 526
Second Address : Ali Al Salem Street
City : Kuwait City
Country : Kuwait
Phone: 965 2449200
Fax: 965 2440887
Email: cbk@cbk.gov.kw
Website: www.cbk.gov.kw
ALL STORIES LIST
Sunday, 1 November 2009
Central bank governor also says he expects economic growth to return in 2010.
read more »Sunday, 27 September 2009
Central bank governor see further decline in rate, says strict monetary policy in place to tackle global crisis.
read more »Monday, 7 September 2009
Initiative comes after firm's failure to submit accounts and complaints about its activities.
read more »Thursday, 9 July 2009
Central bank wants banks to carry out half-yearly stress tests, and inform the findings.
read more »Saturday, 16 May 2009
General election on May 16 expects low turnout, Islamists to lose ground and first female seats.
read more »Wednesday, 13 May 2009
Fifth rate cut by central bank since last October - second in one month - set to be implemented Thursday.
read more »Monday, 11 May 2009
Central Bank will issue the treasury bonds on May 13 at a coupon of 2%.
read more »Saturday, 9 May 2009
Central bank governor says too early to tell whether it has totally overcome impact of global crisis.
read more »Saturday, 2 May 2009
Call comes after ratings agencies threatened to downgrade Gulf state's sovereign rating.
read more »Sunday, 12 April 2009
Oil exporter's central bank to cut its benchmark discount rate by 25 bps to 3.5%.
read more »Saturday, 11 April 2009
December's bailout from shareholders covered $1.29bn loss in derivitives.
read more »Monday, 6 April 2009
The new one-year treasury bond is fifth in a year, it will carry 2.25% coupon.
read more »Tuesday, 24 March 2009
Central bank governor says in interview that bank is selling T-bills to absorb liquidity.
read more »Sunday, 22 March 2009
Latest tranche to be issued (92m dinars) carries a coupon rate of 2.25%.
read more »Monday, 16 March 2009
Oil exporter's central bank to issue one-year treasury bonds on Mar 18 with 2.25% coupon.
read more »Saturday, 14 March 2009
$13.5bn has been set aside for the scheme that covers individuals and companies.
read more »Thursday, 19 February 2009
Annual inflation in Kuwait eases as food cost pressure declined, according to official data.
read more »Monday, 16 February 2009
Local banks exert pressure on oil exporter's central bank to cut key rate by 0.5%.
read more »Monday, 9 February 2009
Package falls short of complete bailout for oil exporter's trouble financial sector - paper.
read more »Sunday, 8 February 2009
Oil producer urges other GCCs to tackle decline in asset and real estate prices via fiscal moves.
read more »Monday, 2 February 2009
Oil producer's M3 slips from 18.06% in Nov, as funds in savings and time deposits dropped.
read more »Monday, 26 January 2009
UPDATE 1: Gulf state plans economic crisis fund to buy assets from ailing firms and boost economy.
read more »Sunday, 25 January 2009
Al Ahli Bank of Kuwait says it will see a fall in 2008 net profit and is warning of tough times ahead.
read more »Thursday, 22 January 2009
Gulf nation's annual M2 growth dips from 17.97% in Nov, official data shows.
read more »Monday, 5 January 2009
Investment company chief says central bank should cut rates to help financial sector.
read more »Friday, 2 January 2009
Central bank figures show banking sector in solid position amid global economic gloom.
read more »Thursday, 20 November 2008
Central bank's move to revamp monetary policy tools in effort to boost investor confidence.
read more »Thursday, 13 November 2008
Governor says gov't proposes to buy assets of investment firms, hit by global credit crunch.
read more »Sunday, 9 November 2008
UPDATE 1: Sheikh Salem says mergers should be considered in light of financial crisis.
read more »Thursday, 30 October 2008
Both discount and repurchase rates reduced following similar move by US Federal Reserve.
read more »Monday, 27 October 2008
Annual inflation in Gulf state drops slightly in July from 11.35% in June, official data shows.
read more »Sunday, 26 October 2008
UPDATE 2: Kuwait says all deposits safe after saving Gulf Bank from derivatives losses.
read more »Sunday, 26 October 2008
UPDATE 1: Move comes after central bank forced to step in to support Gulf Bank after it suffered losses.
read more »Sunday, 19 October 2008
Latest figures show more than $76bn circulating in Kuwaiti economy in August.
read more »Saturday, 18 October 2008
Bank governor underlines support for country's banking system.
read more »Thursday, 9 October 2008
UPDATE 1: Central bank says it will continue to ensure banking system has appropriate liquidity in wake of global crisis.
read more »Tuesday, 7 October 2008
Verbal intervention from regulators comes amid fears that 5-year property boom is over.
read more »Sunday, 5 October 2008
Kuwait moves to shore up confidence, interbanking lending rates fall.
read more »Monday, 29 September 2008
Move signal central bank ready to ensure sufficient liquidity after bourse slide - bankers.
read more »Sunday, 28 September 2008
The region's banks may have been feeling quite smug until these last few days.
read more »Wednesday, 24 September 2008
Central banks to boost medium and long-term deposits 'to support economic activities'.
read more »Wednesday, 24 September 2008
UPDATE 1: Gov't urged to put money into banking deposits to help secure liquidity and support economy.
read more »Sunday, 31 August 2008
Governor of the Central Bank says record inflation caused by importing commodities.
read more »Wednesday, 6 August 2008
Critics complain lack of certainty could discourage foreign investment.
read more »Tuesday, 5 August 2008
Central bank officials say Nabeel al-Mannae has left senior position to 'pursue other opportunities'.
read more »Monday, 4 August 2008
Central bank will buy and sell dollars for 'commercial purposes' only.
read more »Tuesday, 29 July 2008
UPDATE 1: Inflation eases slightly in May from 11.4% in April, driven by food and housing costs.
read more »Tuesday, 22 July 2008
UPDATE 1: Inflation in April accelerates to record as housing and food costs soar, official data shows.
read more »Monday, 21 July 2008
Money supply growth fell to 18% in June after central bank tightened bank curbs on consumer lending.
read more »Sunday, 6 July 2008
Q2 earnings surge as economy booms and as banks shrug off consumer lending rules.
read more »Sunday, 29 June 2008
Growth in currency in circulation driven by investments in savings deposits.
read more »Thursday, 19 June 2008
Central bank to push ahead with 'intensive efforts' to use monetary policy to fight record inflation.
read more »Tuesday, 10 June 2008
Gov't hikes state expenditure by 2.2% despite central bank call to restrain spending.
read more »Monday, 9 June 2008
States agree to create joint cbank next year, but admit Gulf currency will not reach deadline.
read more »Sunday, 8 June 2008
Record oil prices placing more pressure on Gulf states to revalue currencies - analysts.
read more »Saturday, 7 June 2008
Central bank governors meeting to try and pick up pace of monetary union.
read more »Sunday, 1 June 2008
Inflation rose for third month in February to record of 10.14% on food and housing costs.
read more »Wednesday, 21 May 2008
Sales in April nosedive after gov't restricts residential property trading in bid to curb record inflation.
read more »Monday, 19 May 2008
Central bank hikes risk on consumer and mortgage loans in inflation fight.
read more »Wednesday, 7 May 2008
Give away more land and resist calls to boost spending, governor urges.
read more »Sunday, 13 April 2008
Kuwait's central bank to further tighten commercial lending rules to tackle inflation.
read more »Saturday, 5 April 2008
Bankers also expected to discuss how to control record inflation at bi-annual meeting.
read more »Sunday, 30 March 2008
Kuwaiti lenders lower limits and cancel cards as gov't moves to curb soaring spending and personal debt.
read more »Tuesday, 25 March 2008
People arranging fresh loans see borrowing cap cut by 10% in effort to rein in inflation, central bank governor says.
read more »Thursday, 20 March 2008
Kuwait Central Bank has asked commercial lenders to lower the salary ceiling against which they lend to individuals to 30% from 50%, according to reports citing unidentified banking sources.
read more »Wednesday, 19 March 2008
Saudi, Bahrain and UAE follow US and lower rates, Kuwait leaves benchmark rate unchanged.
read more »Sunday, 16 March 2008
Gulf state lets currency rise by second largest margin, taking cumulative gains to 8% since it depegged.
read more »Thursday, 13 March 2008
Central bank asks commercial lenders to lower salary ceiling for lending to 30% from 50%.
read more »Thursday, 28 February 2008
Investors bet on central banks revaluing currencies against dollar.
read more »Wednesday, 27 February 2008
Kuwait lets dinar rise against dollar after US currency slid to record low against euro.
read more »Tuesday, 5 February 2008
Governor calls for more Islamic finance instruments to help control liquidity.
read more »Monday, 4 February 2008
Central bank says link between increases in discount rate and inflation weak.
read more »Monday, 28 January 2008
Kuwait leaves dinar reference rate steady after dollar climbs against British pound.
read more »Wednesday, 23 January 2008
Kuwait cuts benchmark interest rate for first time in 18 months, Saudi, Bahrain and UAE also lower rates.
read more »Wednesday, 2 January 2008
Cut of at least 25 basis points likely in coming two months, head of economists' associations says.
read more »Sunday, 30 December 2007
Central bank will likely reduce key discount rate soon despite record inflation, National Bank of Kuwait says.
read more »Thursday, 27 December 2007
Kuwait lets dinar rise to new 19-year high after dollar slid against basket of currencies.
read more »Monday, 17 December 2007
Kuwait asks lenders to cancel consumer loans as the government moves to slash $4bn of citizens' debts.
read more »Saturday, 15 December 2007
Rising prices led by housing, education and health drive inflation to 7.3% in first nine months of year.
read more »Wednesday, 12 December 2007
Qatar tightens lending curbs while matching Fed cut along UAE, Saudi and Bahrain.
read more »Tuesday, 11 December 2007
Kuwait allows dinar to appreciate for first time in almost a week, up 0.07% to 0.27390 per dollar.
read more »Wednesday, 5 December 2007
Central bank allows dinar to rise against dollar as US currency extends losses on global markets.
read more »Tuesday, 27 November 2007
Kuwait lets dinar appreciate after dollar slid to fresh low against yen on worries of more US rate cuts.
read more »Thursday, 8 November 2007
Kuwait's central bank lets dinar rise to fresh 19-year high after US currency hit record low against euro.
read more »Wednesday, 7 November 2007
Money supply in Kuwait grew almost 19% for a second month in Sept, central bank says.
read more »Wednesday, 7 November 2007
Kuwait allows currency to appreciate after dollar hits record low against euro.
read more »Thursday, 1 November 2007
Move follows US cut in interest rates, sending dollar to new lows and piling pressure on expat salaries.
read more »Tuesday, 30 October 2007
States could switch together to currency basket to buy time for troubled monetary union project.
read more »Tuesday, 30 October 2007
Kuwait lets dinar appreciate after dollar fell to new lows on bets US will cut rates.
read more »Sunday, 28 October 2007
Kuwait allowed dinar to rise 0.14% as dollar falls on expected US interest rate cut.
read more »Tuesday, 23 October 2007
Kuwait central bank lets dinar depreciate against dollar after US currency rebounded from all-time lows.
read more »Sunday, 21 October 2007
Kuwait lets dinar rise to highest level against the dollar since 1988 as US currency extends global slide.
read more »Wednesday, 17 October 2007
Central bank says policy needs to play 'significant role' in checking price rises.
read more »Tuesday, 16 October 2007
Kuwait allows dinar to appreciate over half a percent after US currency slid against euro and yen.
read more »Tuesday, 9 October 2007
Kuwait's central bank allows dinar to drop against dollar after US currency gains on global markets.
read more »Sunday, 7 October 2007
Country will not become international financial and trading centre until 2020, bank governor says.
read more »Sunday, 7 October 2007
Central bank says depegging dinar has helped, but time needed to assess full impact.
read more »Thursday, 4 October 2007
Kuwait's central bank lets dinar depreciate against dollar again after US currency recovers some losses.
read more »Wednesday, 3 October 2007
Central bank allowed country's currency to depreciate to its biggest one-day fall this year against the dollar.
read more »Tuesday, 2 October 2007
Central bank allows dinar to depreciate against dollar for first time in two weeks as US currency rose.
read more »Monday, 1 October 2007
Currency unchanged after four increases in six trading days as dollar sinks to new low.
read more »Sunday, 23 September 2007
Kuwait allows dinar to rise 0.45% against dollar as US currency tumbles against euro.
read more »Wednesday, 19 September 2007
Kuwait and UAE act on US decision to cut federal funds rate.
read more »Sunday, 16 September 2007
Money supply in Kuwait rose in August at the second-fastest pace this year.
read more »Sunday, 16 September 2007
Kuwait central bank allows dinar to depreciate against dollar after US currency gains against the yen.
read more »Tuesday, 11 September 2007
Central bank governors say no plans to depeg currencies, expect rising inflation to decline.
read more »Tuesday, 11 September 2007
Kuwait leaves dinar rate unchanged for second day after dollar hit 15-year low against a basket of currencies.
read more »Sunday, 9 September 2007
Kuwaiti central bank allows dinar to appreciate as US dollar slides to 15-year low against major currencies.
read more »Wednesday, 5 September 2007
Food and transport prices increased at slower pace in June after currency peg to dollar scrapped.
read more »Tuesday, 28 August 2007
Kuwait's central bank allows dinar to depreciate against US currency for the first time in almost two weeks.
read more »Sunday, 26 August 2007
Central bank allows dinar to appreciate after euro recorded biggest weekly gain against dollar since March.
read more »Thursday, 23 August 2007
Central bank allows dinar to appreciate against dollar for first time in four days as euro gains on US currency.
read more »Wednesday, 22 August 2007
Central bank keeps dinar's reference rate to dollar after US currency fell against yen and rose against euro.
read more »Tuesday, 21 August 2007
Central bank keeps the dinar reference rate after dollar gains against the yen and falls slightly against euro.
read more »Monday, 20 August 2007
Central bank keeps dinar rate unchanged against the dollar after its first appreciation in almost two weeks.
read more »Sunday, 19 August 2007
Kuwait's central bank allows dinar to appreciate against US currency for the first time in almost two weeks.
read more »Tuesday, 14 August 2007
Kuwait allows dinar to depreciate for the fourth time this month as dollar hits one-month high against euro.
read more »Monday, 13 August 2007
Central bank keeps dinar rate unchanged after letting it depreciate for three consecutive trading days.
read more »Sunday, 12 August 2007
The country's banks do not invest in tools affected by the American mortgage crisis, official says.
read more »Tuesday, 7 August 2007
Central bank claims only a small number are in circulation, says other currencies subject to similar challenges.
read more »Monday, 6 August 2007
Central bank data shows Kingdoms' money supply rose above 15% year on year in June.
read more »Monday, 6 August 2007
Central bank allows dinar to appreciate 0.09% against dollar as the US currency continues to lose value.
read more »Sunday, 5 August 2007
Inflation at end of May remained almost unchanged from April after central bank revaluation of dinar.
read more »Sunday, 5 August 2007
Central bank allows dinar to appreciate 0.11% against dollar after value of US currency tumbled last week.
read more »Monday, 30 July 2007
Central bank governor Sheikh Salem says change allows the exchange rate to track global currency markets.
read more »Sunday, 29 July 2007
Kuwait allows dinar to depreciate against US currency for the second straight working day, a drop of 0.05%.
read more »Thursday, 26 July 2007
Move a sign the country's currency basket regime has come into effect as dollar gains against euro.
read more »Wednesday, 25 July 2007
UPDATE 1pm: Oman rules out revaluation, claims dollar weakness is "a passing phase".
read more »Thursday, 12 July 2007
Country allows dinar to appreciate 0.4% against the dollar as US currency tumbles to record low against euro.
read more »Wednesday, 11 July 2007
Government is asked to review exchange rate of US dollar to reflect its real value.
read more »Thursday, 5 July 2007
Most Gulf central banks look set to ride out dollar weakness, although Kuwait may opt for a second revaluation.
read more »Sunday, 1 July 2007
The central bank says that it will take time before inflation decreases.
read more »Wednesday, 20 June 2007
Central Bank of Kuwait and Kuwait Investment Authority officials accused of making illegal personal profits.
read more »Tuesday, 29 May 2007
Kuwait is allowing banks to reinvest some funds in short term certificates as they mature.
read more »Tuesday, 29 May 2007
The country is taking steps to bolster its local sharia-compliant institutions.
read more »Sunday, 27 May 2007
The country's central bank suspends market presence in a move to deter bets on dinar appreciation.
read more »Tuesday, 22 May 2007
Currency basket is 'import and financial related', says Sheikh Salem.
read more »Tuesday, 22 May 2007
Analysts doubtful, but Gulf nations insist they are committed to a single currency.
read more »Sunday, 20 May 2007
Revaluation sees a basket of currencies adopted as talks of a GCC single currency stall.
read more »Saturday, 19 May 2007
Kuwait considers revaluing the dinar to counter rising inflation.
read more »Saturday, 12 May 2007
Central bank will allow currency to appreciate to check inflation.
read more »Wednesday, 9 May 2007
CBK says offered prices do not reflect fair value of its share price, but the door is still open.
read more »



