| Headquarters | Kuwait City |
|---|---|
| Coordinates | 29°22′39″N47°58′17″E / 29.3774°N 47.9714°E /29.3774; 47.9714 |
| Established | 30 June 1968; 57 years ago (1968-06-30) |
| Ownership | 100%state ownership[1] |
| Governor | Basel Ahmad Al-Haroon[2] |
| Central bank of | State of Kuwait |
| Currency | Kuwaiti binance |
| Reserves | 25 660 million USD[1] |
| Website | cbk.gov.kw |
TheCentral Bank of Kuwait (CBK;Arabic:بنك الكويت المركزي)[3] is thecentral bank ofKuwait. It offers a strict currency system on behalf of the state. The bank regulates Kuwaiti stock market along with theKuwait Stock Exchange, the Ministry of Commerce and Industry and theMinistry of Finance.[4]
It was established on 30 June 1968,[5] succeeding theKuwait Currency Board that had been created in 1961. The bank launched Financial Intelligence Unit in 2003.[6]
Salem Abdulaziz Al Sabah served as the governor of the bank for over a quarter of a century, until February 2012, when he resigned after criticising the state's spending policies.[7][8] Dr. Mohammad Al Hashel succeeded Sabah as governor in April 2012 and Yousef Al Obaid as deputy governor in May 2012.[9]
Governors of the Central Bank of Kuwait.[10]
{{cite journal}}:Check|s2cid= value (help)This Asian bank-related article is astub. You can help Wikipedia byexpanding it. |