Al-Duwaikh: Our participation in IMF and World Bank meetings enhances Commercial Bank's global presence

Kuwait Commercial Bank, represented by its Chairman of the Board of Directors, Sheikh Ahmed Al-Duwaikh, and Hussein Al-Aryan, Head of the Treasury and Investment Sector, participated in the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, as well as in a reception hosted by the Kuwait Banks Union for Kuwaiti banks in Bangkok, the capital of Thailand. The reception was held under the patronage and in the presence of Bassem Al-Haroun, Governor of the Central Bank of Kuwait, with the participation of Minister of Finance Dr. Yaqoub Al-Rafai, and Kuwait’s Ambassador to the Kingdom of Thailand, Dr. Meshal Al-Mansour. The event was attended by a select group of senior officials, decision-makers, and leaders from the financial and banking sectors in Kuwait, the region, and the world.

On the sidelines of the meetings, Sheikh Ahmed Al-Duwaikh emphasized the importance of the active participation of the Kuwaiti banking sector in the 2026 Annual Meetings of the IMF and the World Bank Group. He explained that the bank’s participation in this year’s IMF and World Bank Group meetings represents a valuable opportunity to enhance the bank’s presence in the banking arena and consolidate its position as a prestigious financial institution with a broad network of correspondent banking relationships with a select group of international and regional financial institutions.

He added that this visit and the intensive meetings provided the bank with a real opportunity to expand its network of relationships and exchange expertise and insights on the latest global economic and financial developments, as well as to explore prospects for cooperation and build strategic partnerships with global financial institutions. This contributes to diversifying funding sources, enhancing investment and joint cooperation opportunities, developing banking products and services, adopting international best practices, and effectively supporting the bank’s presence and competitiveness in local and global markets.

In this context, the Chairman of the Board noted that these annual meetings represent a unique global forum for discussing urgent economic and financial issues, as well as other vital topics related to financial technology, digitalization, and cybersecurity. These topics, in turn, offer greater opportunities for joint cooperation, exchange of technical expertise, and support for cross-border banking operations.

In this regard, Sheikh Ahmed Al-Duwaikh affirmed Kuwait Commercial Bank’s full commitment to continuing serious investment in digital transformation and modern technologies, in order to provide innovative, secure, and sustainable financial solutions that meet customer aspirations and align with the best global banking standards.

Concluding his statement, Sheikh Ahmed Al-Duwaikh highlighted that the Kuwaiti banking sector remains one of the most important pillars of the economy of the State of Kuwait, given the advanced financial and banking services it provides that rival the best services offered by global banks. He stressed Kuwait Commercial Bank’s firm commitment to continuing its path of development and banking excellence, and its active contribution to supporting the national economy and enhancing Kuwait’s regional and global standing.