Централната банка на Кувейт (CBOK)

Централната банка на Кувейт (CBK) was established by virtue of the Law No. (32) на 1968 засягащи валута, the Central Bank of Kuwait and the Organization of Banking Business. It replaced the Kuwaiti Currency Board, which had been established by virtue of the Amiri Decree No. 41 на 1960

The role of the Kuwaiti Currency Board, unlike central banks, which carry out broad functions ranging from the drawing and implementation of monetary policies to supervision over banks, was confined to the issuance of bank notes and coins. Therefore, the establishment of CBK was in response to the need for keeping abreast with both domestic and international economic developments, especially as the role of the monetary and financial policy gained further importance in the pursuit of social and economic development in the country.

CBK started operating on the 1st of April 1969 as specified in Article 15 of Law No. 32 на 1968. Its objectives are:

1. to exercise the privilege of the issue of currency on behalf of the State
2. to endeavor to secure the stability of the Kuwaiti currency and its free convertibility into foreign currencies
3. to direct the credit policy to assist social and economic progress and increase national income
4. to supervise the banking system in the State of Kuwait
5. to serve as Banker to the Government
6. to provide financial advice to the Government

Capital of the Central Bank

The capital of the Central Bank of Kuwait is five million Kuwaiti Dinars, fully paid up by the Government. This capital may be increased by virtue of a decree and the increase drawn from the General Reserve of the Bank

Информация за контакти

Централната банка на Кувейт
P.O.Box 526, Safat 13006

Телефон: +(965) 22449200

Факс: +(965) 22440887

E-mail: cbk@cbk.gov.kw

Източник: cbk.gov.kw