Central Bank of Kuwait

Central Bank of Kuwait
بنك الكويت المركزي
HeadquartersKuwait City
Coordinates29°22′39″N 47°58′17″E / 29.3774°N 47.9714°E / 29.3774; 47.9714
Established30 June 1968; 56 years ago (1968-06-30)
Ownership100% state ownership[1]
GovernorBasel Ahmad Al-Haroon[2]
Central bank ofState of Kuwait
CurrencyKuwaiti dinar
KWD (ISO 4217)
Reserves25 660 million USD[1]
Websitewww.cbk.gov.kw

The Central Bank of Kuwait (CBK; Arabic: بنك الكويت المركزي)[3] is the central bank of Kuwait. It offers a strict currency system on behalf of the state. The bank regulates Kuwaiti stock market along with the Kuwait Stock Exchange, the Ministry of Commerce and Industry and the Ministry of Finance.[4]

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Central Bank of Kuwait: Profile".
  3. ^ Karami, Fawaz (22 June 2020). "CBK: local banks offered USD 8.9bln-worth credit facilities to businesses in 100 days". Kuwait News Agency. Retrieved 19 September 2020.
  4. ^ Al Loughani, Nabeel; Chappell, David (2001). "Modelling the day-of-the-week effect in the Kuwait Stock Exchange: a nonlinear GARCH representation". Applied Financial Economics. 11 (4): 353. doi:10.1080/096031001300313910. S2CID 155028752.