Central Bank of Kuwait

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Central Bank of Kuwait
Central Bank of Kuwait Logo.png
Headquarters Kuwait City
Coordinates 29°22′39″N 47°58′17″E / 29.3774°N 47.9714°E / 29.3774; 47.9714Coordinates: 29°22′39″N 47°58′17″E / 29.3774°N 47.9714°E / 29.3774; 47.9714
Established 30 June 1969; 49 years ago (1969-06-30)
Governor Mohammad Al Hashel
Central bank of State of Kuwait
Currency Kuwaiti dinar
KWD (ISO 4217)
Website www.cbk.gov.kw

The Central Bank of Kuwait offers a strict currency system on behalf of the State of Kuwait. The bank regulates Kuwaiti stock market along with the Kuwait Stock Exchange, the Ministry of Commerce and Industry and the Ministry of Finance.[1]

Overview

It was established on 30 June 1969.[2] The bank launched Financial Intelligence Unit in 2003.[3]

Salem Abdulaziz Al Sabah served as the governor of the bank until February 2012.[4][5] Dr. Mohammad Al Hashel succeeded Sabah as governor in March 2012 and Yousef Al Obaid as deputy governor in May 2012.[6]

See also

References

  1. ^ 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. Retrieved 30 December 2013.
  2. ^ "Index". Central Bank of Kuwait. Retrieved 30 September 2014.
  3. ^ "Synopsis of Kuwait's Actions to Combat Terrorist Finance". Wikileaks. 23 February 2005. Retrieved 10 September 2014.
  4. ^ "About CBK: Organization". Central Bank of Kuwait. Retrieved 8 February 2011.
  5. ^ Armitstead, Louise (13 February 2012). "Kuwait's central bank boss Sheikh Salem Abdulaziz Al Sabah quits after criticising state". The Telegraph. Retrieved 11 October 2013.
  6. ^ "Kuwait to take measures to cut spending - cenbank". Arabian Business. Reuters. 1 October 2012. Retrieved 11 October 2013.

External links

  • Official website


Retrieved from "https://en.wikipedia.org/w/index.php?title=Central_Bank_of_Kuwait&oldid=867836035"
This content was retrieved from Wikipedia : http://en.wikipedia.org/wiki/Central_Bank_of_Kuwait
This page is based on the copyrighted Wikipedia article "Central Bank of Kuwait"; it is used under the Creative Commons Attribution-ShareAlike 3.0 Unported License (CC-BY-SA). You may redistribute it, verbatim or modified, providing that you comply with the terms of the CC-BY-SA