Boubyan concludes participation in IMF and World Bank meetings in Bangkok

The Boubyan Bank delegation concluded its participation in the 2026 Annual Meetings of the International Monetary Fund and the World Bank, held in Bangkok, Thailand, from October 12 to 18. This participation reflects the bank’s commitment to engaging in international economic and financial forums and tracking issues and trends that shape the future of the banking sector.

The delegation was led by Adel Al-Majed, Vice Chairman and Group Chief Executive Officer, and included Abdullah Al-Mohairi, Chief Operating Officer; Ahmed Al-Fahad, General Manager and Company Secretary; and Mohammed Al-Jasser Al-Ghanim, General Manager of Corporate Financing and International Financing.

On the sidelines of the meetings, the Boubyan delegation held a number of bilateral meetings with senior officials and leaders of global financial institutions and banks. These discussions focused on cooperation prospects and exchanging views on economic and financial developments, as well as issues affecting the future of the banking industry. They also explored opportunities for knowledge exchange and the development of banking solutions and practices to enhance sector efficiency and align with market demands.

The delegation also presented the bank’s experience in developing a banking model that keeps pace with sector transformations, leveraging its expertise in Islamic banking and the application of digital technologies to enhance its services and solutions. It highlighted the bank’s achievements in innovation and digital transformation, and its role in supporting the growth of Kuwait’s digital economy and developing personal and corporate banking services.

The delegation also discussed the bank’s vision for the coming phase and its journey toward becoming an AI-powered financial institution. This transformation aims to develop business models and customer experiences, enhance operational efficiency, and strengthen the bank’s ability to adapt to changes and capitalize on growth opportunities.

This culmination underscores Boubyan’s broad leadership and distinction, and its ability to translate continuous development into services and solutions that meet customer needs and solidify its global standing.

The Boubyan delegation participated in the Kuwaiti Banks Reception organized by the Kuwait Banks Association on the sidelines of the meetings. The event was hosted by Bassel Al-Haroun, Governor of the Central Bank of Kuwait, and attended by Minister of Finance Dr. Yaqoub Al-Rafai, Kuwait’s Ambassador to Thailand Dr. Meshal Al-Mansour, several Central Bank Governors from Arab countries, chairmen of Kuwaiti banks’ boards of directors, senior executives from financial and banking institutions, and a select group of economic and investment figures from around the world.

The delegation also attended a luncheon hosted by Kuwait’s Ambassador to Thailand in honor of the Kuwaiti delegation participating in the Annual Meetings. The event was attended by the Governor of the Central Bank of Kuwait, the Minister of Finance, and several representatives from Kuwait’s financial and banking sectors.

The meetings provide an international platform for exchanging views on fiscal and economic policies, leveraging diverse experiences in managing changes, and supporting long-term growth and stability opportunities. This enables participating institutions to gain a clearer perspective on the trends reshaping the global economy and banking industry.

Boubyan’s participation in the meetings enhances its presence in global economic dialogue, allowing it to engage with international partners and discuss key challenges and opportunities facing the financial sector.

It also supports the bank’s alignment with global developments and the adoption of international best practices to develop its banking services and strengthen its ability to meet customer needs efficiently and effectively.