Currently, Kuwait has 11 local banks including 5 Islamic banks, all of which are supervised by the Kuwait Central Bank to preserve Kuwaiti Dinar's stability, and it also acts as the Kuwait Government's financial advisor and banker. In addition, MNC's like HSBC, Citi-group etc. also work within Kuwait's banking division.
Read moreNational bank of Kuwait (NBK) was the first national bank in Kuwait and the entire Arabian Gulf region established in 1952. All the board members and the founders of NBK were renowned merchants of Kuwaiti origin. NBK was established with a capital of 13,100 shares, each valued 1,000 Indian rupees – equivalent to 75 Kuwaiti dinars today. Over the years NBK has proved itself to be a financial leader in the Arab world.
Read moreKuwait's government provides a service that lets individuals pass on vehicle ownership to another person, in compliance with the traffic laws and provisions.
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