CBK's assets rise 4.6% in November

Mubasher: The Central Bank of Kuwait (CBK) on Monday said that its assets rose 4.6% year-on-year in November 2017 to KWD 9.19 billion ($30 billion).

Cash balances increased 4.2% month-on-month to KWD 9.08 billion ($30.07 billion) in November from KWD 8.71 billion ($28.81 billion) the previous month, the CBK’s data showed.

The CBK’s other assets hiked 63.2% to KWD 88.76 million versus KWD 54.39 million in October, the data added.

While the central bank's bonds grew 3.8% to KWD 1.65 billion by the end of November from KWD 1.59 billion a month earlier.

Mubasher Contribution Time: 18-Dec-2017 14:28 (GMT)
Mubasher Last Update Time: 18-Dec-2017 14:28 (GMT)