Kuwait Financial Markets Academy, in Cooperation with Boubyan Bank, Organizes Awareness Program on Financial Literacy

As part of the strategic partnership between the two parties, the Kuwait Capital Markets Academy, in collaboration with Boubyan Bank, organized a training program titled “Financial Literacy,” aimed at enhancing participants’ financial awareness and empowering them to make more informed and effective financial decisions.

This program is the result of constructive cooperation between the Kuwait Capital Markets Academy and Boubyan Bank, one of the leading institutions in Kuwait’s banking industry. The program was presented by Eiman Al-Abdulkader, Head of Wealth and Investment at Boubyan Group, who covered a range of fundamental concepts, including budgeting and savings management, personal account and credit card management, setting financial goals, as well as introducing banking, financial, and investment products. She also explained the relationship between risk and returns, outlining ways to develop conscious and sustainable financial plans that help improve financial habits and transform goals into actionable steps.

The program is part of the Academy’s comprehensive awareness and educational initiative targeting various segments of society, with the aim of fostering a more knowledgeable community and economic environment regarding the capital markets sector. The Academy, affiliated with the Capital Markets Authority, is a leading institution in academic and professional training and development in Kuwait. Its vision is centered on spreading awareness and developing financial and investment literacy among individuals and institutions alike.

In his remarks, Abdulaziz Al-Roumi, Assistant General Manager of the Human Resources Group at Boubyan Bank, emphasized that financial literacy is a fundamental life skill that helps individuals manage their resources efficiently, understand available options, and make decisions aligned with their current needs and future goals, thereby supporting long-term financial stability.

He clarified that the participation of Boubyan’s leaders and experts in delivering specialized training programs aligns with the bank’s strategy to leverage its banking expertise to support training and development pathways, transfer practical knowledge to participants, and reinforce a culture of knowledge exchange through initiatives whose impact extends beyond the workplace, thereby enhancing the bank’s role in capacity building and the development of banking and financial knowledge.

He added that the program’s significance lies in transitioning the concept of financial literacy from general knowledge to daily practice, by equipping participants with practical tools to help them define their financial goals, manage their budgets and credit cards responsibly, and understand associated financial and investment products, ultimately leading to the adoption of more balanced and sustainable financial habits.

Al-Roumi concluded by affirming that the collaboration with the Kuwait Capital Markets Academy provides an effective institutional framework for developing programs that meet the evolving needs of the sector and society, combining Boubyan’s specialized banking expertise with the Academy’s training vision, thereby enhancing the practical impact of these programs and supporting the sustainability of the partnership between both parties.

In this context, Abdulaziz Al-Rashed Al-Bader, General Manager of the Kuwait Capital Markets Academy, stated that the program falls within the framework of the Memorandum of Understanding signed between the Kuwait Capital Markets Academy and Boubyan Bank, aimed at enhancing cooperation in the fields of training and professional development, and exchanging specialized expertise and knowledge through high-quality training programs and workshops that contribute to developing national competencies and equipping employees in financial institutions with the necessary skills to keep pace with the rapid changes in the business environment.

The Academy strives to attract a select group of the best lecturers and experts in the field of training, with a focus on empowering and selecting outstanding national talents to deliver its training and awareness programs, based on confidence in the competence of Kuwaiti cadres and their ability to lead the development journey and disseminate knowledge.

In this context, Al-Abdulkader emphasized that effective financial planning starts from the reality of each individual, their financial priorities, and life stages, and is built on clear goals and measurable, reviewable steps. She explained that managing spending and savings represents the starting point, followed by selecting financial and investment solutions that align with objectives, time horizons, and risk tolerance.

She stated, “As financial services become more diverse and accessible, the importance of possessing the awareness that enables individuals to choose what suits them, and to understand the commitments and risks associated with each decision, increases. She stressed that discipline and consistency are fundamental pillars for achieving sustainable financial results.”

Al-Abdulkader possesses professional experience spanning more than 20 years in the financial and banking sector, focusing on wealth management and investment, as well as formulating investment strategies and financial planning.