CBK
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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...Cbk To Send Warnings To Customers Who Have Not Submitted Invoices For Loan Amount13 December 2016The Central Bank of Kuwait (CBK) will send warnings to customers who have not submitted their invoices and bills for clarifying the purpose behind taking personal loans from local...Cbk Instructed Guidelines To Control Money Laundering And Financing Terrorism07 May 2017Remittance is a service provided by local banks and money exchange companies registered in the Central Bank of Kuwait (CBK) and are authorized to transfer funds abroad in accordanc...Cbk Planning To Retire Many Long-term Staff27 August 2017The Central Bank of Kuwait (CBK) has started taking procedures to refer a number of employees for retirement as they have been in service for more than 30 years, except those occup...Cbk Directs Banks To Provide Investment Data On Qtrly Basis13 June 2018The Central Bank of Kuwait (CBK) has issued a circular for banks operating in accordance with Islamic Shari’a, requesting them to provide direct investment data on a quarterl...Restructuring Of Real Estate Sector And Development Of Its Mechanisms Tied To Decisions Taken By Cbk02 August 2018Secretary of Kuwait Real Estate Union Qais Al-Ghanim says the restructuring of the real estate sector and development of its mechanisms are linked to the decisions taken by the Cen...Cbk Issues 3-mth Bonds And Tawarruq15 August 2018The Central Bank of Kuwait (CBK) said on Tuesday it issued KD 160 million (USD 528 million) worth of bonds and Tawarruq, an Islamic financial product which allows clients to raise...Cbk Introduces Free Sms Alerts16 August 2018Kuwait’s Central Bank (CBK) has instructed all local and foreign banks in the country to provide their clientele with the Short Message Service (SMS) free of charge, giving t...Cbk Keeps Rates On Hold After Fed Hike28 September 2018The Central Bank of Kuwait decided Wednesday to keep the discount rate unchanged at three percent and continue the current monetary policy. The decision is meant to enhance the...Cbk Issues Kd 150m Bonds, Tawarruq02 October 2018The Central Bank of Kuwait (CBK) announced Monday the most recent issues of CBK bonds and related tawarruq at a total value of KD 150 million (nearly $ 480 mln) for six months with...Update Macroeconomic Models At Gcc Level – Cbk Deputy Governor05 November 2018Deputy Governor of the Central Bank of Kuwait (CBK) Youssef Al- Obaid on Sunday called for holding discussions among the GCC central banks to overhaul macroeconomic models and thei...Cbk Issued New Rules On Bank Loans11 November 2018The Central Bank of Kuwait (CBK) on Saturday issued new regulations for granting loans and personal finance for consumer and housing purposes and issuance of credit cards. CBK G...Cbk Seeks To Avert Commodities Price Rise After New Lending Rules12 November 2018The Central Bank of Kuwait has addressed the Ministry of Commerce and Industry notifying it of new lending regulations to avert unjustified rise of prices of commodities and servic...Cbk Prepares Draft Law Regulating Bankruptcy And Restructuring Banks07 December 2018The Central Bank of Kuwait has prepared a draft law regulating the bankruptcy and restructuring of local banks, independent of the general law prepared by the Ministry of Commerce...Data Unity Key – Cbk20 December 2018Monetary, financial and statistical data and concepts in the Gulf region must be unified according to internationally- recognized standards, said Central Bank of Kuwait (CBK) Gover...