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banking
Kuwaiti banking sector at A1 with stable outlook: Moody’s
February 2, 2023
KUWAIT CITY, Feb 1: According to Moody’s credit rating agency, Gulf banks entered the year 2023 with a strong financial position, reports Al-......
Continue Reading >Bank ABC closes $75m loan facility for Industrial Bank of Kuwait
February 1, 2023
Bank ABC, one of MENA’s leading international banks, has successfully closed a three-year $75 million term loan facility for Industrial Bank......
Continue Reading >NBK achieved highest annual profits in Bank’s history’
February 1, 2023
KUWAIT CITY, Jan 31: Isam Al-Sager, Vice Chairman and Group CEO, National Bank of Kuwait said that NBK achieved the highest annual profits in the......
Continue Reading >KPA requests for identifying Shuwaikh port area
January 30, 2023
KUWAIT CITY, Jan 29: The Kuwait Ports Authority (KPA) has requested the Kuwait Municipality to provide it with details of steps taken by the concerned......
Continue Reading >NBK reports KD 509.1 mln net profits for 2022
January 30, 2023
KUWAIT CITY, Jan 29: National Bank of Kuwait (NBK) released its results for the twelve months period ended December 31, 2022. The Bank recorded a......
Continue Reading >Boubyan Bank’s net profits grow by 19% in 2022 to reach KD 57.8 million
January 30, 2023
KUWAIT: Boubyan Bank reported KD 57.8 million in net profits for the year 2022 with a growth rate of 19%, with an earnings per share of 14.2 fils......
Continue Reading >Freeze bank accounts, provide info
January 26, 2023
KUWAIT CITY, Jan 25: The Central Bank of Kuwait (CBK) has instructed all Kuwaiti banks and branches of foreign banks to freeze the deposits and disclose......
Continue Reading >Ratings consequences for interest, loan moves: CBK
January 24, 2023
KUWAIT CITY, Jan 23: The Central Bank of Kuwait has confirmed that the application of the proposals to buy loans or drop interest affects the evaluation......
Continue Reading >Gulf Bank announces Al-Asfour as its 19th Al-Danah millionaire
January 23, 2023
KUWAIT: During a wonderful evening filled with culture and entertainment at the Yarmouk Club Theater in Mishref, Gulf Bank announced Moza Abdulwahab......
Continue Reading >CBK wants list of high-risk transfers; Oversight enhanced
January 20, 2023
KUWAIT CITY, Jan 19: The Central Bank of Kuwait has requested exchange companies to urgently provide it with a statement that includes “high-risk”......
Continue Reading >Top News
MoCI studying ways to provide support to nano-businesses
Give jobs to Kuwaiti youth in municipal projects