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Tag Archives: central bank

CBK asks banks about possibility of KNET board membership

MoCI tightens control over insurance sector KUWAIT CITY, April 22: According to informed sources the Central Bank of Kuwait (CBK) has asked the banks about …

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Central Bank enjoying by watching Kuwait shylocks

MORE than one unequivocal Quranic verse prohibits usury. In simplest term, usury is when the rich exploits the need of the poor by lending him …

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Kuwait’s current account records $7.1bn in 2017

CBK issues 3-months bonds KUWAIT CITY, May 8, (KUNA): Kuwait’s Current Account recorded a surplus of KD 2,152 million (about $7.1 billion), against a deficit …

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Central Bank cancels approval of some receipts from clients

Documents provided by clients do not match cash withdrawal process KUWAIT CITY, March 7: The Central Bank of Kuwait has cancelled the approval by some …

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Russian central bank slashes rates, says economic recovery ‘imminent’ – Further cuts possible if inflation keeps falling

MOSCOW, June 10, (RTRS): Russia’s central bank cut its main lending rate on Friday for the first time in almost a year, signalling confidence that …

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Erdogan aide seeks further rate cuts – Central bank likely to remain under pressure to lower cost of borrowing

ANKARA, March 25, (RTRS): Turkey’s central bank should have cut interest rates more at this week’s policy meeting, an aide to President Tayyip Erdogan said …

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