Commercial bank of kuwait

List of Banks in Kuwait The banking system in Kuwait includes 11 domestic commercial banks as well as 12 branches of foreign organizations such as Citibank, HSBC, BNP Paribas, Qatar National Bank, BBK, Doha Bank, Mashreq, Al-Rajhi, Bank Muscat and ICBC, among others. Kuwait Credit Bank and Industrial Bank of Kuwait are the two specialized government-owned institutions. The banking industry is regulated by the Kuwait Central Bank (CBK). Below is a list of the top 10 banks in Kuwait. National Bank of Kuwait Kuwait Finance House Kuwait Finance House (KFH) is the second-largest bank in Kuwait with total assets of over US$60 billion. Founded in 1977, it was the first Islamic bank in the country. All activities are conducted in accordance with Islamic Sharia. The company offers personal and corporate banking, private banking, investment and real estate services, trade finance, auto finance, online banking, mobile banking app, credit cards, and more. KFH has international operations in Bahrain, UAE, Germany, Turkey, Malaysia and Saudi Arabia. Burgan Bank Burgan Bank provides banking and investment services through a regional branch network of 167 outlets. The Bank's key business areas are corporate and investment banking, private banking, retail banking and treasury. Burgan Bank Group's subsidiaries include Gulf Bank Algeria, Tunis International Bank, Burgan Bank Turkey and Bank of Baghdad. The company is the third largest bank in Kuwait with $24 billion in total assets, $12.4 bi...

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Bio Sheikh Ahmad Duaij Jaber Al Sabah has been the Chairman of the Commercial Bank of Kuwait since April 1, 2018. In his capacity as Chairman of the Commercial Bank of Kuwait, he was nominated as Chairman of the Kuwait Banking Association effective from February 20, 2022 and became a member of the World Union of Arab Bankers in May 2022. He has also been a board member of the Kuwait Institute of Banking Studies since April 2018. Furthermore, he held the position of board member at Kuwait Clearing Company, representing the Commercial Bank of Kuwait, from 2018 until 2019. He was recommended once again on May 11, 2022 as member of the board of directors of Kuwait Clearing Company. He previously held the position of Chairman of Al Tijari Financial Brokerage Company from 2014 until 2020. He graduated with an MBA from Maastricht School of Management in March 2008 after obtaining his bachelor’s degree in science with a major in finance from Bentley College, US, in May 2000. "Kuwait has a large and long-standing Islamic banking sector comprising five banks out of 10 commercial banks, and many non-bank Islamic financial institutions." Sheikh Ahmed Duaij Al Sabah According to a recently published report, across the region Kuwait topped the list with a 91.4% growth in the net profits of GCC-listed banks. From your perspective, what is your assessment on the banking sector and KBA’s position in contributing to that strength? I would like to emphasize that although the operating enviro...