The Central Bank of Kuwait published a statement confirming that Kuwait’s banking sector remains operationally ready and that banking services continue to be delivered efficiently and reliably, in the context of current regional geopolitical developments. Local banks, following the Central Bank’s guidance, have strengthened risk management frameworks, updated business continuity and emergency plans, upgraded digital infrastructure, and conducted regular drills to test different scenarios. All financial payment systems are operating normally and stably around the clock throughout the week, including public holidays, with electronic processing of cheques denominated in Kuwaiti dinar (KWD) supported by central bank systems, notably the Kuwait Automated Settlement System for Payments and the Kuwait Electronic Cheque Clearing System. The instant payment system “Wamd” is also operating 24/7, enabling immediate transfers between bank customers’ accounts, while cash services remain available through banks’ branch networks and ATMs across Kuwait; liquidity and capital adequacy indicators are described as exceeding regulatory requirements with comfortable margins. The Central Bank indicated it will continue to monitor developments closely and remains ready to take any necessary precautionary measures to support banking-sector stability and preserve monetary and financial stability.
Central Bank of Kuwait 2026-03-08
Central Bank of Kuwait confirms continuity of banking services and 24/7 payment systems amid regional geopolitical developments
The Central Bank of Kuwait confirmed the banking sector's readiness amid regional geopolitical developments. Local banks have improved risk management, business continuity, and digital infrastructure, with all financial systems, including the Kuwait Automated Settlement System for Payments and the Kuwait Electronic Cheque Clearing System, functioning normally. The Central Bank will continue monitoring and is prepared to implement measures to maintain stability.