Banking

Credit Bank receives 15,000 requests for the postponement of loan payment

April 22, 2021

KUWAIT CITY, April 20: With the issuance of the law concurrently to defer financial obligations for 6 months, Vice-Chairman of the Board of Directors,......

Burgan Bank concludes Ahmadi Governorate’s art competition

April 21, 2021

KUWAIT: Burgan Bank recently concluded its sponsorship of the Al-Ahmadi Governorate’s school art competition “Nabeek Salem”. Conducted......

CBK OKs to postpone the loan installments of citizens

April 20, 2021

The Central Bank of Kuwait (CBK) announced yesterday the conditions and regulation for postponing the installments of consumer and installment loans......

Kuwaitis hold 55% of managerial positions in local banks

April 19, 2021

KUWAIT CITY, April 18: EFG Hermes Financial Group revealed that Kuwaitis hold 55 percent of managerial positions in local banks and these banks are......

Kuwait Finance House K S C P : KFH first Bank in Kuwait to offer online foreign currency trading with 'competitive' prices

April 19, 2021

KFH first Bank in Kuwait to offer online foreign currency trading with 'competitive' prices Kuwait Finance House (KFH) has launched, as the......

Kuwaitis hold 55% of the management positions in banks

April 18, 2021

EFG Hermes Financial Group revealed that Kuwaitis hold 55% of the managerial positions in local banks and the banks are planning to increase this......

Bank of America Reports First-Quarter 2021 Financial Results

April 17, 2021

Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed......

Kuwait Asks Banks to Employ Citizens in Top Leadership Positions

April 15, 2021

Kuwait’s central bank asked local lenders to employ its citizens to leadership positions as Gulf nations expedite their push toward nationalization.......