Kuwait: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Securities Regulation, Anti-Money Laundering and Combating the Financing of Terrorism

May 24, 2004

Preview Citation

Format: Chicago

Kuwait: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Securities Regulation, Anti-Money Laundering and Combating the Financing of Terrorism, (USA: International Monetary Fund, 2004) accessed September 20, 2024

Summary

This Financial System Stability Assessment on Kuwait reviews the macroeconomic environment and gives an overview of the financial system. Financial stability has been effectively supported by prudent fiscal and monetary policies. The banking sector appears sound and is well regulated and supervised. Sensitivity to market risk is limited owing to the short-maturity structure of interest bearing instruments, while exchange rate risk has been contained by strict enforcement of prudential requirements. Equity prices have once again increased markedly and reached new record highs.

Subject: Banking, Commercial banks, Financial institutions, Financial markets, Insurance, Loans, Securities markets, Stock markets

Keywords: Bank, Bank merger, Banking system, Capital market, CBK, CBK official, CBK regulation, Commercial banks, Company, CR, Deposit, Exchange rate, Global, Insider trading, Insurance, Interest rate, ISCR, Loans, Securities, Securities markets, Stock markets, U.S. dollar

Publication Details

Pages:

47
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2004/151
Stock No:

1KWTEA0012004
ISBN:

9781451822298
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports