Commercial Bank of Kuwait
 | |
 Headquarters of the bank | |
| Type | Public bank |
|---|---|
| BK: CBK | |
| ISIN | KW0EQ0100036 |
| Industry | Banking |
| Founded | June 19, 1960 |
| Headquarters | , |
Number of locations | 60 (2025) |
Key people | Ahmad Duaij Al-Sabah (Chairman) |
| Revenue | KWD 123 million (2025) (USD 403 million)[1] |
| Total assets | KWD 5,3 billion (2025) (USD 17,4 billion)[1] |
| Total equity | KWD 784 million (2025) (USD 3,9 billion)[1] |
Number of employees | 2000+ (2025) |
| Website | www |
The Commercial Bank of Kuwait, (known as Arabic: التجاري, Al Tijari, commercial) was established on 19 June 1960. It is the second oldest bank of Kuwait, and has a major role in retail and commercial financing.[2]
History
[edit]The bank faces its most severe historical test during the August 1990 Iraqi invasion of Kuwait. The occupation completely disrupted the domestic financial sector, causing widespread physical asset destruction, data vulnerabilities, and economic paralysis. Following Kuwait's liberation in February 1991, Al-Tijari embarked on a massive operational recovery campaign.[3]
See also
[edit]References
[edit]- 1 2 3 "Commercial Bank of Kuwait | Annual Report 2025".
- ↑ "CBK Website - About CBK". Cbk.com. 1960-06-19. Retrieved 2016-12-09.
- ↑ Lorch, Donatella (1991-03-25). "AFTER THE WAR; No Electricity but Kuwait Reopens Its Banks". The New York Times. ISSN 0362-4331.
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