Tag: CBK

Kuwait : Central Bank lifts ban on trading derivatives

November 19, 2014 Jaber Ali

The central bank of Kuwait (CBK) has lifted the ban on trading derivatives with foreign banks that it imposed in 2008 when the Kuwaiti banks started to be affected by the global financial crisis. The decision led to a sudden Read more

Finance, HeadlinesAl Rai newspaper, CBK, global financial crisis, Gulf Bank, Kuwait

CBK considers liquidation of subsidiary

September 24, 2012September 24, 2012 Jaber Ali

Reports are emerging of the liquidation of the investment unit of the Commercial bank of Kuwait (CBK). A bourse filing also carried a similar message saying that plans are being made. The bank’s side of the story wasn’t acquired due Read more

Finance, HeadlinesCBK, CBK Capital, Kuwait, liquidation, subsidiary