Top List of Banks in Kuwait

Burgan Bank, established 1977, is Kuwait's second largest conventional bank by assets.[1] It is a subsidiary of Kuwait Projects Company Holding and operates a network of 24 branches and over 100 ATMs. Burgan is one of the youngest banks in Kuwait[citation needed]. Burgan Bank recorded a profit of 74.8 million Kuwaiti Dinars for the year 2007, up 34% from 55.7 million in 2006.[citation needed Ahmad Al Abdullah Al Sabah is one of the former chairmen of the bank.On 23 December 2012, Burgan Bank acquires from Eurobank a 70% stake in Tekfenbank, which is a Turkish bank in Cyprus.

https://www.burgan.com/Pages/Home.aspx

Central Bank of KuwaitFeatured

The Central Bank of Kuwait (CBK) is the central bank of Kuwait. It offers a strict currency system on behalf of the state. The bank regulates Kuwaiti stock market along with the Kuwait Stock Exchange, the Ministry of Commerce and Industry and the Ministry of Finance.It was established on 30 June 1968. The bank launched Financial Intelligence Unit in 2003.Salem Abdulaziz Al Sabah served as the governor of the bank until February 2012. Dr. Mohammad Al Hashel succeeded Sabah as governor in April 2012 and Yousef Al Obaid as deputy governor in May 2012.

https://www.cbk.gov.kw/ar

The Industrial Bank of KuwaitFeatured

The Industrial Bank of Kuwait was established in 1973 in the State of Kuwait by the Ministry of Finance, Central Bank of Kuwait and other large local industrial firms. Their primary objective is to nourish the local industry. Only 49.11% of the shares are currently owned by public authorities, namely the Ministry of Finance, the Central Bank of Kuwait and the Public Institution of Social Security.

https://www.ibkuwt.com/en/

Commercial Bank of KuwaitFeatured

The Commercial Bank of Kuwait, (known as Arabic: التجاري, Al Tijari, commercial) was established on 19 June 1960. It is the second oldest bank of Kuwait, it has major role in retail and commercial financing.Commercial Bank of Kuwait seeks to maximize shareholder value by demonstrating excellence in Leadership, Innovation, Commitment and Corporate Citizenship to build the future together.

https://www.cbk.com/

Kuwait Finance House

Kuwait Finance House (Arabic: بيت التمويل الكويتي) (KFH) was established in the State of Kuwait, in 1977, as the first bank operating in accordance with the Islamic Shari'a rullings. KFH is listed in Kuwait Stock Exchange (KSE), with a market capitalization of $8.2 billion (KWD 2.49 billion) as of May 2016. Assets total $55.52 billion (KWD 16.83 billion) and deposits amount to $34.97 billion (KWD 10.66 billion.) Kuwait Finance House was established in 1977 as Kuwait’s first Islamic bank. It received 170 applications to open new accounts on its first day of operation on 31 August 1978.

https://www.kfh.com/

Kuwait International Bank

Kuwait International Bank (KIB) is an Islamic bank located in Kuwait City, founded in 1973. It offers various Islamic banking and finance services for individuals and corporate customers. It is a specialised bank regulated by the Central Bank of Kuwait and listed on the Kuwait Stock Exchange.

https://www.kib.com.kw/home/Personal.html

Al Ahli United Bank

Ahli United Bank of Kuwait (AUBK) is a traditional bank founded in 1971, providing retail, private and corporate banking services with headquarters in Safat, Kuwait City. Timeline:1941 - founded as the Imperial Bank of Persia, the first bank in Kuwait and affiliated to the British bank with a concession from the ruler Ahmad Al-Jaber Al-Sabah 1971 - concession ended, the bank was 100% Kuwaiti and name was changed to the Bank of Kuwait and Middle East (BKME). 2002 - AUB Group became a major shareholder. 2010 - conversion to Islamic banking.. In 2016 AUBK was selected as the second safest Islamic bank in Kuwait.

https://www.ahliunited.com/

Al Ahli Bank of Kuwait

Al Ahli Bank of Kuwait (ABK) is a retail and commercial bank located in Kuwait City, founded in 1967. The services are provided via 31 branches in Kuwait, 2 branches in the United Arab Emirates (Abu Dhabi and Dubai) and 43 branches in Egypt. In 2016 ABK was the 10th on the List of the 50 safest banks in the Middle East by the Global Finance magazine. Together with Emirates, the largest airline in the Middle East, they offer to passengers various types of Visa credit and prepaid cards.

https://abk.eahli.com/abk/Default.aspx

Gulf Bank (K.S.C)

Gulf Bank is one of the largest leading banks in Kuwait with a broad offering of consumer banking, wholesale banking, treasury, and financial services. The Bank was founded in 1960, registered as a bank with the Central Bank of Kuwait and was listed as Gulf Bank (GBK) on the Kuwait Stock Exchange (Boursa Kuwait) in 1984.

http://www.e-gulfbank.com/

National Bank of Kuwait

The National Bank of Kuwait (NBK) was founded in 1952. It is the largest financial institution in Kuwait, with branches and subsidiaries in China, Geneva, London, Paris, New York, and Singapore, and a regional presence across the Middle East in Lebanon, Jordan, Egypt, Bahrain, Saudi Arabia, Iraq, Turkey, and the UAE. The group reported a net profit after non-controlling interests of KD 370.7 million compared to KD 322.4 million for 2017, an increase of 15%. Operating profit amounted to KD 606.9 million as compared to KD 557.2 million in 2017, an increase of 8.9%. Net interest income and net income from Islamic financing at KD 690.5 million reflects a 9.8% increase on 2017 (KD 629 million).

https://www.nbk.com/