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This is a list of banks in Kuwait. All the following local (11 nos.) & foreign (11 nos.) banks are registered with Kuwait Banking Association . [ 1 ] The Central Bank of Kuwait supervises the 32 Exchange Companies that operate within Kuwait.
In 1993, UAE Exchange became a SWIFT member and over the following two years opened operations in Oman and Kuwait, as well as launching transfer, gold card, and banknote services. In 1999, it launched retail operations in India , which was to become the largest operation outside its home base, with 330 branches by 2015.
On April 24, 2016, the Kuwait Stock Exchange became fully operated by a private company and its name changed to Boursa Kuwait, making it the only stock exchange in the Middle East owned by the private sector. [4] [5] [6] On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait, [7] becoming a self-listed exchange. [8]
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Al Mulla Group is a diversified privately held business group based in the State of Kuwait with operations in 8 countries. With over 15,000 employees working in more than 40+ companies, Al Mulla Group today has affiliations with over 200 leading international brands and companies.
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Comprising 70% of the retail trade in Kuwait, the legal basis for consumer cooperatives was established in 1962 with law No. 20.By the start of the 1980s, Kuwait's cooperative movement became open to Arab and international cooperative movements, and the Kuwaiti Union for Cooperative Societies sought membership in the International Cooperative Alliance as of March 1981.
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