About KBA

The Kuwait Banking Association (KBA) was declared on May 16, 2001 based on Ministerial Resolution No. 82 for the year 2001, to replace the Kuwait Banking Committee established on December 12, 1981, pursuant to an agreement among the Chairmen of local banks, to strengthen their cooperation, facilitate coordination in addressing their common issues, enable them to keep up to date with developments in banking systems, and raise their employees’ standards.

The Kuwait Banking Association consists of 21 bank members :

Member Banks

01. National Bank of Kuwait.
02. Commercial Bank of Kuwait.
03. Gulf Bank.
04. Al Ahli Bank of Kuwait.
05. Kuwait International Bank.
06. Industrial Bank of Kuwait.
07. Burgan Bank.
08. Kuwait Finance House.
09. Boubyan Bank.
10. Warba Bank.

Associate Banks

01. Bank of Bahrain & Kuwait.
02. BNP PARIBAS.
03. HSBC Bank Middle East Limited.
04. First Abu Dhabi Bank.
05. Citi Bank.
06. Qatar National Bank.
07. Doha Bank.
08. Mashreq Bank.
09. Al Rajhi Bank.
10. Bank Muscat.
11. Industrial and Commercial of China Limited.

Objectives of the Kuwait Banking Association: 

  • Enhancing relationships and channels of cooperation between the association members, and coordinating activities to their common interests. However, all within the framework of the state’s plans, and economic and monetary policies.
  • Discussing member banks’ common issues relating to various business activities and endeavoring to reach appropriate solutions to the problems they face, including the coordination with the government regulatory bodies and legislative branch.
  • The coordination with the Central Bank of Kuwait towards developing the local banking sector and achieving objectives of stability and economic growth.
  • Improving the professional, cultural and social levels of the association members’ employees.
  • Supporting and developing the banking performance in the state of Kuwait to satisfy the requirements of the national economy and reinforce the country’s monetary and financial systems.
  • Supporting and encouraging activities of the Kuwaiti society.
  • Enhancing relationships between banks operating in the local markets, and their relationships with the regional and global banks to ensure the interests of the member banks.
  • The coordination and cooperation between member banks in various media channels for the purpose of furthering the interests of the local banking sector, highlighting its contribution to the national economy and emphasizing its role in social development.
Sheikh Ahmad Duaij Jaber Al Sabah is the Chairman of Commercial Bank of Kuwait since April 1st 2018, after holding the position of Vice Chairman from 4/4/2015 to 31/3/2018 and Board Member from 29/4/2012 to 3/4/2015 In his capacity as Chairman of Commercial Bank of Kuwait , Sheikh Ahmed Duaij Al Sabah has been nominated as Chairman of Kuwait Banking Association . He is also a Board member in Kuwait Institute of Banking Studies. Furthermore, Sheikh Ahmed held the position of Board member in Kuwait Clearing Company representing Commercial Bank of Kuwait from 2018 until 2019. And the Chairman of Al Tijari Financial Brokerage Company from 2014 until 2020. During his tenure with Al Tijari Investment Company (CBK Capital) from 2010 to 2012 Sheikh Ahmed was Project Finance Manager , and Acting Portfolio Manager and Manager Private Equity, prior to that and specifically from 2005 to 2010 he worked with Commercial Bank of Kuwait in the Shareholders Service Unit. Sheikh Ahmed started his career after graduation with Kuwait Petroleum Corporation in the capacity of Corporate Planner. Sheikh Ahmed Duaij Jaber Al Sabah graduated with Master of Business Administration from Maastricht School of Management in March 2008 after obtaining his Bachelor degree in Science with a major in Finance from Bentley College – United States of America in May 2000 .