Law & Regulation
Currency, Central Bank of Kuwait and Banking Organization Law
Kuwait's first comprehensive currency and banking law, establishing the Central Bank of Kuwait (replacing the Kuwaiti Currency Board) and giving it control and supervision over the banking system, currency issuance, credit policy, and monetary stability.
Legal Significance
What This Instrument Does
Establishes CBK's mandate and the general regulatory framework for banking in Kuwait.
Why It Matters
The foundational banking-regulation framework underpinning project finance and lending in Kuwait.
Legal Framework Position
- Banking & FinancePrimary / Framework Instrument
Instrument Overview
- Official Citation
- Law No. (32) of 1968, as amended by Law No. (130) of 1977
- Instrument Type
- Law / Act
- Enactment Date
- 1 January 1968
- Last Amended Date
- 1 January 1977
- Last Verified
- 30 September 2026