Kuwait Local banks
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Kuwait Local Banks Refuse To Provide Financial Information About Their Clients Without Permission03 December 2016Local banks have affirmed their refusal to provide financial information about their clients without the permission of the latter, reports Arab Times daily quoting informed sources...Some Local Banks Are Planning To Reduce The Minimum Salary Limit For Expats To Obtain Loans13 February 2018Some banks plan to cut minimum salary limit for expats to obtain loans. They stressed that this step is aimed at attracting a new category of expatriates who receive month...Up To 70% Kuwaitization In Upper And Middle Management Jobs In Banks By The End Of June15 April 2021All local banks in Kuwait are given a deadline to make up to 70 percent Kuwiatization in upper and middle management jobs in the bank. According to local sources, the Central Bank...Central Bank Of Kuwait Imposes Measures To Curb Dollars' Use In Banks And Exchanges06 December 2023Informed sources report that the Central Bank of Kuwait has informed local banks that it will not cover dollar purchases directed to exchange companies if they are intended for spe...CBK Order Banks To Update Their Anti-money Laundering Programs04 January 2024The Central Bank of Kuwait directed banks and entities subject to its supervision, which include exchange companies, to develop advanced technical programs and systems that automat...