Kuwaiti banks bounce back as economy recovers

Higher oil prices and an end to most coronavirus restrictions point to a rosy year ahead for local lenders, with new digital entrants set to raise fresh questions about consolidation.

Sulaiman Al-Marzouq on NBK’s new standalone ‘Weyay’

The National Bank of Kuwait’s deputy CEO for Kuwait talks to John Everington about the outlook for the economy and the prospects for public–private partnerships.

Markaz CEO signals the need for Kuwaiti bank consolidation

Markaz's CEO Ali H Khalil discusses the importance of Kuwait’s stalled debt law, the outlook for deposits in the banking sector after 2021’s declines and the likelihood of consolidation in the local banking market.

Boubyan Bank on the benefits of digital automation

Boubyan Bank is Kuwait’s second-largest bank and the country’s fourth-largest lender overall. Abdul Salam Al Saleh, the bank’s CEO for corporate banking, financial control, treasury and legal affairs, spoke to John Everington about the country’s economic outlook for 2022, the outlook for the local mortgage market and the impact of digital banking.

Kuwait stands at the dawn of a new digital banking era

While Kuwait’s fintech sector remains tiny compared with its Gulf neighbours, the country has taken big strides towards licensing new digital banks.

Kuwait to reap the benefits of new oil boom - for now

While Russia's invasion of Ukraine has boosted oil prices to multi-year highs, production constraints will constrain the benefit Kuwait enjoys. John Everington reports.