Investor Presentaiton
PUBLIC
Kuwait's Banking Sector
Snapshot
The Kuwaiti banking sector comprises 22 banks, including 11 domestic banks (five conventional, five Shariah-compliant and one specialized), and branches of 11 international banks
(10 conventional and one Islamic).
The sector is well regulated by the Central Bank of Kuwait ("CBK") with a number of regulations and supervisory norms to ensure the safety of the banking sector including through
strict supervision and imposition of prudential ratios, such as lending limits and concentrations, investment limits, liquidity and capital adequacy.
The banking sector has demonstrated strong resilience and elevated levels of financial soundness over the past 10 years. In fact, the sector is very well capitalized, with an
average Capital Adequacy Ratio of 19.2% in 4Q21, 8.7% higher than the required minimum of 10.5%. Non-performing loans to total loans stood at 1.4% in 4Q21.
Key indicators (USD bn, end year) 1
Development of the Discount rate (%, end year)
■Loans
■ Deposits
139.7
3.5
130.9
3.5
122.1 122.0 126.6.
122.9
122.9
110.7 108.0
114.2 110.8 109.8
113.6 113.0 116.6 116.7
119.4
3.0
3.0
2.5
102.1
2.5
2.0
2.0
1.5
1.5
1.0
1.0
0.5
0.5
0.0
2013
2014
2015
2016
2017
2018
2019
2020
2021
0.0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022*
Source: Central Bank of Kuwait / Refinitiv;* as of May 2022
Source: Central Bank of Kuwait / Refinitiv
1Loans refers to total credit facilities to residents and deposits refer to private resident deposits, all as reported by the Central Bank of Kuwait (as of Feb 2022)
National Bank of Kuwait 21View entire presentation