Al-Marzouq: Banks operating at full capacity reflects the strength of the Kuwaiti banking sector and its complete readiness to support the national economy under all circumstances.
Al-Saqer: The banking sector’s current readiness represents a platform for the next phase, based on innovation, efficiency, and enhanced competitiveness.
Kuwait Banks Association: Appreciates the efforts of banking sector employees and commends their exceptional performance under all circumstances.
The Chairman of the Kuwait Banks Association and Chairman of the Board of Directors of Kuwait Finance House, Mr. Hamad Abdulmohsen Al-Marzouq, stated that Kuwaiti banks have returned to operating at 100% capacity, a step that reflects the banking sector’s resilience and its high capacity to adapt and respond effectively to various changes. He emphasized that this return represents a continuation of the vital role played by banks as a fundamental pillar in supporting financial and economic stability in the State of Kuwait.
Al-Marzouq explained that the Kuwaiti banking sector, under the guidance and supervision of the Central Bank of Kuwait, successfully managed various challenges with high efficiency, relying on a robust institutional structure, qualified national talent, and advanced operating systems. This enabled it to ensure business continuity and provide banking services at the highest levels of quality and reliability under all circumstances.
He emphasized that the full resumption of operations reflects the banks’ comprehensive readiness to continue their developmental role by financing projects, supporting the private sector, and strengthening confidence in the financial system. This contributes to driving economic growth and achieving the goals of Kuwait’s development vision.
He added that the Kuwait Banking Association continues its ongoing coordination with relevant authorities and member banks. This enhances institutional integration, unifies efforts to keep pace with economic changes, and solidifies Kuwait’s position as a regional financial center characterized by efficiency and stability.
For his part, Mr. Essam Jassim Al-Saqer, Vice Chairman of the Board of Directors of the Kuwait Banking Association and Vice Chairman and CEO of the National Bank of Kuwait Group, affirmed that the resumption of full operational capacity reflects the high level of readiness and institutional resilience of the Kuwaiti banking sector. Al-Saqer pointed out that the next phase requires building upon these achievements by enhancing innovation in banking services, developing digital solutions, and improving operational efficiency to meet customer expectations in all circumstances and challenges, while keeping pace with global best practices.
He emphasized that the banking sector will remain a key partner in supporting the development process by directing financing towards productive sectors, promoting financial inclusion, and actively contributing to consolidating economic stability, thereby strengthening confidence in the national economy and enhancing its regional and international competitiveness.
Al-Saqer concluded by stating that Kuwaiti banks, with their financial strength and institutional expertise, are committed to fulfilling their national role responsibly and efficiently, harnessing their capabilities to support the national economy, serve the community, and continue the development journey under the wise leadership.
In closing, the Kuwait Banking Association expressed its deep appreciation and pride in the significant efforts made by employees in the Kuwaiti banking sector under all circumstances, commending their high sense of responsibility and professional commitment, which has been instrumental in ensuring business continuity and maintaining the quality of banking services without interruption. The Federation affirmed that this outstanding performance embodies the efficiency of national cadres and their ability to face challenges efficiently and competently, and reflects the pivotal role of the human element as a fundamental pillar in the success of the sector and the strengthening of its position, appreciating their dedication and sincerity in serving the nation and supporting its economic stability, and praying to God Almighty to perpetuate the blessing of security and safety upon the State of Kuwait and protect it from all harm.
