Banking

Kuwait Banking

The banking sector is considered the backbone of the non-oil economy. The industry has posted steady growth since the global downturn and total assets of local banks were $190.2bn at the end of the first quarter of 2014, up from $181.1bn at the end of 2013 and $158.6bn at the end of 2012. Banking and financial sector legislation that was enacted during 2009 has been helping improve stability in the sector. This chapter contains interviews with Mohammad Al Hashel, Governor, Central Bank of Kuwait; and Fahed Boodai, Executive Chairman, Gatehouse Bank.

Cover of The Report: Kuwait 2014

The Report

This chapter is from the Kuwait 2014 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Mohammad Al Hashel, Governor, Central Bank of Kuwait (CBK)
OBG talks to Mohammad Al Hashel, Governor, Central Bank of Kuwait (CBK)