The Central Bank of Kuwait issued an operational update in light of current regional geopolitical developments, stating that Kuwait’s banking sector has a high level of readiness and operational resilience to continue providing banking services efficiently and reliably under different conditions. It also confirmed that Kuwait’s financial payment systems are operating normally and stably around the clock, including on official holidays. Local banks, following Central Bank of Kuwait guidance, have strengthened risk management frameworks, enhanced business continuity and emergency plans, upgraded digital infrastructure, and conducted regular drills simulating potential scenarios to improve staff and operational preparedness. Electronic payments through banking channels and the electronic collection of Kuwaiti dinar cheques continue to be supported by the Central Bank of Kuwait’s systems, including the Kuwait Automated Settlement System and the Kuwait Electronic Cheque Clearing System, while the instant payment system Wamd continues to enable immediate transfers between bank customers 24/7. Cash services were also described as continuously available through banks’ branch networks and ATMs, and supervisory indicators were cited as strong, with liquidity and capital adequacy exceeding regulatory requirements by comfortable margins. The Central Bank of Kuwait indicated it will continue to monitor developments closely and remains prepared to take any necessary measures and precautionary steps to support banking sector stability and maintain monetary and financial stability.

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