Central Bank of Kuwait

Type: Organization
Name: Central Bank of Kuwait
First reported 16 mins ago - Updated 16 mins ago - 1 reports

USD remains steady against Kuwaiti dinar at KD 0.288

USD against the Kuwaiti dinarKUWAIT, Oct 20 (KUAN) -- The USD exchange maintained stability against the Kuwaiti dinar, on Monday, at KD 0.288, and the euro followed suit maintaining the level of KD 0.368, compared with Sunday's rates.The sterling exchange ... [Published Kuwait News Agency - 16 mins ago]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

The Report: Kuwait 2014

“ The GCC economy is still forecast to expand by 4.1% for the year ”Kuwait accounts for approximately 6.1% of the world’s proven oil reserves, with hydrocarbons revenues comprising more than 65% of the country’s GDP and 95% of total exports in 2013.Cautious ... [Published Research and Markets - Oct 17 2014]
First reported Oct 14 2014 - Updated Oct 14 2014 - 1 reports

Speech: Reducing Mechanistic Reliance on Credit Rating Agencies (CRAs) - Sharing of Country Experiences and the Plans Ahead

(1/10/2014) A speech delivered by H.E. the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al-Hashel to the Financial Stability Board (FSB) regional consultative group for MENA, Ishtar, Jordan, Wednesday 1st October 2014. Speech Present ... [Published Central Bank of Kuwait - Oct 14 2014]
First reported Oct 14 2014 - Updated Oct 14 2014 - 1 reports

US dollar stable against KD at 0.288

KUWAIT, Oct 14 (KUNA) -- The exchange rate of the US dollar against the Kuwaiti dinar was stable at KD 0.288 on Tuesday, while the Euro rose to KD 0.367 compared to yesterday's rates.The Central Bank of Kuwait said in its daily bulletin that the Sterling ... [Published Kuwait News Agency - Oct 14 2014]
First reported Oct 13 2014 - Updated Oct 14 2014 - 1 reports

Capital Intelligence rates Commercial Bank of Kuwait’s proposed bond issue

The terms and conditions applying to the issue include a 'non-viability clause'. This essentially allows the Central Bank of Kuwait (CBK) – at its sole discretion – to either compulsorily exchange the bond for equity in the bank or, more drastically, ... [Published CPI Financial - Oct 13 2014]
First reported Oct 13 2014 - Updated Oct 14 2014 - 2 reports

Kuwait bourse extends losses, sheds 12.85 pts

Commercial Bank of Kuwait dips 40 fils; NBK flatBy John MathewsArab Times StaffKUWAIT CITY, Oct 13; Kuwait stocks pulled lower Monday, extending the losses to second straight day. The main index slipped 12.85 points to 7,557.2 pts paring steep early losses. ... [Published Arab Times - Oct 14 2014]
First reported Oct 11 2014 - Updated Oct 11 2014 - 1 reports

Commercial Bank of Kuwait KWD120mn, October 2014 Subordinated Bond

Capital Intelligence (CI), the international credit rating agency, announced that it has assigned a provisional Long-Term Issue Rating of ‘BBB-’ to the proposed subordinated bond issue by Commercial Bank of Kuwait (ComBK).The Outlook for the Bond issue ... [Published AME Info - Oct 11 2014]
First reported Oct 10 2014 - Updated Oct 10 2014 - 2 reports

‘Kuwait in fight with drugs, money-wash’

UN briefed on effortsNEW YORK, Oct 10, (KUNA): A Kuwaiti diplomat has briefed a United Nations commission about the State of Kuwait efforts to combat money laundering and other illegal financial activities as well as menace of narcotics. Ibrahim Faisal ... [Published Arab Times - Oct 10 2014]
First reported Oct 01 2014 - Updated Oct 01 2014 - 1 reports

USD steady against Kuwaiti Dinar at KD 0.288

KUWAIT, Oct 1 (KUAN) -- The USD exchange maintained stability against the Kuwaiti dinar on Wednesday, at KD 0.288, however the euro dropped to KD 0.363 compared with Tuesday's rate.The sterling exchange rate dropped to KD 0.466, the Swiss franc also fell ... [Published Kuwait News Agency - Oct 01 2014]
First reported Sep 28 2014 - Updated Sep 29 2014 - 1 reports

US dollar rises to KD 0.288 against Kuwaiti dinar

KUWAIT, Sept 28 (KUNA) -- The exchange rate of the US dollar against the Kuwaiti dinar rose to KD 0.288 on Sunday while the euro dropped to KD 0.365 compared to Thursday's rates.The Central Bank of Kuwait said in its daily bulletin that the sterling dropped ... [Published Kuwait News Agency - Sep 28 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 1 reports

KUNA releases 9th biannual economic report

KUWAIT, Sept 23 (KUNA) -- Kuwait News Agency (KUNA) on Tuesday released its 9th biannual economic report, in three chapters covering key issues related to the national economy, the Kuwait Stock Exchange (KSE), local banks and national development.The ... [Published Kuwait News Agency - Sep 23 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 1 reports

USD steady against Kuwaiti Dinar at KD 0.287

KUWAIT, Sept 23 (KUAN) -- The USD exchange maintaned stability against the Kuwaiti Dinar Tuesday at KD 0.287, same as the euro exchange with KD 0.369 compared with Monday's exchange rate.The Sterling exchange rate stood at KD 0.470, the Swiss franc went ... [Published Kuwait News Agency - Sep 23 2014]

Quotes

On the other hand, Mr. Louay Maqames, the Bank's CEO, commented on the growth rates, saying "Such positive improvements are mainly caused by the Bank's success in achieving its strategy objectives, most important of which the diversification of its funding portfolio, expansion in project and SMEs funding, expanding its branch network and ATMs to cover as much as possible of the geographical area of the State of Kuwait with establishing more branches and ATMs, through locating more ATMs in targeted places to serve Bank's customers and others. This is in addition to the provision of different banking services through "Dawli's Online Service". Also, KIB continued in providing its new banking products that cater to customer requirements; such as "Al-Baraka Deposit", in addition to other various accounts. Kuwait International Bank made proper steps in strengthening its presence abroad through investing in the instruments, particularly in Turkey and some other states."
He went on to say that KFH "s 17 branches located in vibrant areas at malls and commercial areas play a significant role in drawing clients" attention to KFH 's products and services...
"Despite having one of the world's highest GDP-per-capita ratios, Kuwait has shown itself ready to address sensitive issues, such as welfare spending and subsidies" he said. (end)
"Of the amount outstanding as of 30 June 2014, USD115.80 billion, or 47.2 percent, were issued by UAE entities. Bonds and sukuk by Kuwaiti entities represented USD4.65 billion, or 1.9 percent of the total amount outstanding" it concluded. (end)

More Content

All (57) | News (49) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (7) | Press Releases (0)
sort by: Date | Relevance
USD remains steady against Kuwaiti dinar at KD ... [Published Kuwait News Agency - 16 mins ago]
The Report: Kuwait 2014 [Published Research and Markets - Oct 17 2014]
Boubyan records KD 20.3m profit by end-Sept [Published Arab Times - Oct 17 2014]
KUWAIT BANK KSC : International Bank Al-Jarrah:... [Published 4 Traders - Oct 15 2014]
Speech: Reducing Mechanistic Reliance on Credit... [Published Central Bank of Kuwait - Oct 14 2014]
US dollar stable against KD at 0.288 [Published Kuwait News Agency - Oct 14 2014]
Kuwait bourse extends losses, sheds 12.85 pts [Published Arab Times - Oct 14 2014]
KSE slumps 77.93 pts as sentiment negative [Published Arab Times - Oct 13 2014]
Capital Intelligence rates Commercial Bank of K... [Published CPI Financial - Oct 13 2014]
Commercial Bank of Kuwait KWD120mn, October 201... [Published AME Info - Oct 11 2014]
KFH: Bank’s 17 branches at malls, commercial ar... [Published AME Info - Oct 11 2014]
‘Kuwait in fight with drugs, money-wash’ [Published Arab Times - Oct 10 2014]
KFH: Bank's 17 branches at malls, commercial ar... [Published Zawya.com - Oct 10 2014]
Kuwaiti diplomat briefs UN about action against... [Published Kuwait News Agency - Oct 10 2014]
Kuwait winds up week with 13.71 pts upswing [Published Arab Times - Oct 03 2014]
USD steady against Kuwaiti Dinar at KD 0.288 [Published Kuwait News Agency - Oct 01 2014]
KSE winds up month with 12.95 pts uptick [Published Arab Times - Oct 01 2014]
KSE sheds 52.49 pts, snaps gaining streak [Published Arab Times - Sep 30 2014]
Kuwait: Concluding Statement of the 2014 Articl... [Published IMF - Sep 29 2014]
Kuwait extends gains amid lackluster trade [Published Arab Times - Sep 29 2014]
US dollar rises to KD 0.288 against Kuwaiti dinar [Published Kuwait News Agency - Sep 28 2014]
KSE extends winning spree, climbs 9.21 pts [Published Arab Times - Sep 26 2014]
Kuwait bourse adds 15.94 pts; volume up [Published Arab Times - Sep 25 2014]
'Heroic' Burgan Bank prices debut AT1 in tricky... [Published GlobalCapital - Sep 24 2014]
KSE treads water amid mixed trade [Published Arab Times - Sep 24 2014]
KUNA releases 9th biannual economic report [Published Kuwait News Agency - Sep 23 2014]
USD steady against Kuwaiti Dinar at KD 0.287 [Published Kuwait News Agency - Sep 23 2014]
Kuwait bourse climbs 16.43 pts; volume up [Published Arab Times - Sep 23 2014]
KSE kicks-off week with 13.38 pts gain [Published Arab Times - Sep 22 2014]
KSE FREEZES ASSETS, CBK TIGHTENS ON MONEY TRANS... [Published Arab Times - Sep 21 2014]
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Grand Central: New Problems, Tough Policy Choic... [Published WSJ.com: Real Time Economics - May 21 2014]
The Wall Street Journal’s Daily Report on Global Central Banks for Wednesday, May 21 Sign up for the newsletter Highlights Schlesinger’s Take: Japan’s Tax Threat Recedes: New Problems, Tough Policy Choices For Autumn Dudley: No One Can Say When ...
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