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Kuwait bank staff rally for better paySeveral dozen of Kuwait Central Bank employees held a demonstration on Wednesday, demanding improved employment and financial conditions, the latest in a wave of strikes by government employees in the Gulf state. 'Central bank employee More… |
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Kuwait bank staff rally for better paySeveral dozen of Kuwait Central Bank employees held a demonstration on Wednesday, demanding improved employment and financial conditions, the latest in a wave of strikes by government employees in the Gulf state. 'Central bank employee More… |
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Kuwait cbank to sell $212m in 1-year bondKuwait's central bank will issue KD60 million ($212.6 million) in one-year treasury bonds, with a coupon of 1.25 per cent on Wednesday, its data showed. Bids reached KD409 million, central bank data showed on Monday. The centra More… |
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Kuwait cbank sells $321m of bondsKuwait's central bank issued KD93 million ($320.9 million) worth of bonds on May 12, its data showed on Thursday. It issued a two-year treasury bond worth KD33 million, with a coupon rate of 1.375 per cent, and a one-year treasury bond More… |
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Kuwait cbank sells $296m of 1-year bondsKuwait's central bank will issue KD85 million ($296 million) worth of one-year bonds with a coupon of 1.25 per cent on Wednesday, its data showed on Monday. Bids reached KD504.5 million in its Monday auction, well up from KD293 million More… |
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Kuwait cbank plans key rate cutKuwait's central bank plans to cut its benchmark rate by 50 basis points to 3 percent on Thursday to help spur lending to support growth in non-oil sectors in the Gulf economy facing a contraction this year. The central bank of the wor More… |
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Kuwait cbank plans $345m treasury bondsKuwait's central bank said it would issue KD100 million ($345.2 million) of one-year treasury bonds on May 13 at a coupon of 2 percent. Bids for the bonds amounted to KD682 million, central bank data showed. Kuwait's centra More… |
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Kuwait cbank ‘not eyeing rate cuts’Kuwait's central bank governor said yesterday (March 24) there was no need for now to reduce the Gulf state's benchmark discount rate further and that the bank was selling treasury bonds to absorb excess liquidity. Sheikh Salem Abd More… |
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Kuwait cenbank to present economy support planKuwait's central bank is to present to the government on Monday a plan to further shore up the Gulf state's economy and banking sector in the face of the global financial crisis, its governor said on Saturday. Sheikh Salem Abdul-Aziz al-Sa More… |
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Kuwait cenbank sees bank loans unaffectedRecent government restrictions on Kuwaiti banks have not affected their ability to grant loans due to abundant liquidity, the central bank governor said. The central bank had no plans to help investment banks facing difficulties in obtaini More… |
