Capital Markets Authority and Boubyan Bank organize financial literacy program

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 sector. The program was delivered by Eiman Al-Abdulkader, Head of Wealth and Investment at Boubyan Group, who covered a range of fundamental concepts, including budgeting and savings, personal account and credit card management, setting financial goals, as well as introducing banking, financial, and investment products, and understanding the relationship between risk and return. She also outlined ways to develop conscious and sustainable financial plans that help improve financial habits and translate 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, which operates under the Capital Markets Authority, is a leading institution in academic and professional training and development in Kuwait. Its vision is centered on spreading knowledge and developing financial and investment literacy among both individuals and institutions.

In his remarks, Abdulaziz Al-Roumi, Assistant General Manager of Human Resources at Boubyan Group, 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 explained that the participation of Boubyan’s leaders and key talents in delivering specialized training programs reflects 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 sharing through initiatives whose impact extends beyond the workplace, thereby enhancing the bank’s role in capacity building and developing 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 related financial and investment products, ultimately adopting 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 address 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 the two parties.

In this context, Abdulaziz Al-Rashed Al-Badr, 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, which aims to enhance cooperation in the fields of training, professional development, and the exchange of 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 process and disseminate knowledge. In this context, Al-Abd al-Jadder emphasized that effective financial planning starts from the reality of each individual, their financial priorities, and life stages, and is built on clear objectives 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 goals, time horizons, and risk tolerance. She said, “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 two fundamental pillars for achieving sustainable financial outcomes. Al-Abd al-Jadder has over 20 years of professional experience in the financial and banking sector, focusing on wealth management and investment, as well as formulating investment strategies and financial planning.