Banks
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Some Banks To Stop Giving Installment Loans Worth Kd 70,000 To Expatriates18 January 2016The new banking regulations forced some banks to stop giving installment loans worth KD 70,000 to expatriates, and restricted their financial transactions for car loans and other c...Cbk Instructed Banks To Calculate Loan To Expats Based On Current Salary22 January 2016The Central Bank of Kuwait (CBK) has instructed banks and financing companies to calculate the consumer loan granted to expatriates based on their current salary, reports Al-Anba d...Conventional Banks To Contribute Kd800 Million For Implementating Clean Fuel Project30 April 2016Chief Executive Officer of Kuwait Finance House Mazen Al-Nahidh disclosed that conventional banks will contribute KD800 million for the implementation of phase one of the environme...Holiday Spirit Digs In Offices Empty, Rush In Banks, Markets06 July 2016Ministries are empty while the banks and markets are heavily congested — this is the usual scene on the first working day of the last week of Ramadan, just few days before Ei...Kuwait's Banks Ranked Among World's Top 1000 Banks - Study30 July 2016According to an analytical study conducted by the Union of Arab Banks (UAB) based on data from The Banker magazine, 85 Arab banks are included in the 2015 list of the world’s...Kuwaiti Students Seeking Jobs In Banks16 October 2016Governor of the Central Bank of Kuwait and Chairman of the Institute of Banking Studies Dr Yousef Al- Hashel has declared start of enrolling the sixth batch newly-graduated student...Three Banks Collected Millions Of Kuwaiti Dinars Illegally06 November 2016Three local banks collected millions of Kuwaiti dinars from their clients through practices that contravene the principles of honor and transparency. Sources cited examples of t...Clients Of Three Local Banks Have Lost Kd 5million When Hackers Breaking Their Accounts20 February 2017Clients of three local banks are said to have lost approximately KD 5 million when hackers succeeded into breaking into their accounts, a charge denied by the banking sources quoti...Kuwaiti Banks Have Decided To Collect Business Tax Details Of Clients03 April 2017Kuwaiti banks have decided to collect the registered individual and business tax details of their clients, covering interest, profits, deposits and revenue generated through the sa...Mp Safaa Al- Hashem Has Presented A Query To The Mosa On Deposits In Local And Foreign Banks By Kia And Pass07 April 2017MP Safa’a Al- Hashem has presented a parliamentary query to the Minister for Social Affairs and Labor, Minister of State for Economic Affairs, Hind Al-Sabeeh on deposits in l...Cbk Assures Local Banks Are Safe From Any Form Of Hacking01 June 2017As the spate of global hacking continues unabated at government websites, hospitals and big companies — with the most recent of such deadly viruses being Ransomeware, the Cen...Local Banks Express Concern Over Uncooperative Clients10 June 2017Local banks have expressed concern over the consequences of the decision on calling the uncooperative clients controlled by the Common Reporting Standard (CRS) that contradicts the...Rbi To Introduce Rs 200 Note Tomorrow24 August 2017The new Rs 200 currency note will be introduced in the market tomorrow, Reserve Bank of India said today. The new denomination has Motif of Sanchi Stupa on the reverse, with Bri...Dormant Accounts Contain Millions Of Kd In Deposits19 November 2017Millions of dinars remain ‘dormant’ in about half a million bank accounts in Kuwaiti banks. Some of these accounts have millions of dinar deposits while others are in h...Banks To Tighten Control Over Cash Deposits Through Atms05 February 2018The Financial Investigation Unit, which looks into money laundering and financing terrorism cases, has asked banks to tighten control over cash deposits through automated teller ma...