Boubyan enhances financial awareness and knowledge

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.

The program was 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 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 returns. She also outlined ways to develop conscious and sustainable financial plans that help improve financial habits and transform goals into actionable steps.

This 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 one of the leading institutions in academic and professional training and development in Kuwait. Its vision is centered on spreading knowledge and developing financial and investment literacy among individuals and institutions alike.

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

He clarified that the participation of Boubyan’s leaders and experts in delivering specialized training programs is part of 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 developing banking and financial knowledge.

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

Al-Roumi affirmed that cooperation with the Academy provides an effective institutional framework for developing programs that keep pace with 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-Badr, General Manager of the Kuwait Capital Markets Academy, stated that this program falls within the framework of the Memorandum of Understanding signed between the Academy and Boubyan, which aims to enhance cooperation in the fields of training and professional development, as well as 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 personnel 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-Jadher 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 obligations and risks associated with each decision, increases.” She stressed that discipline and consistency are fundamental pillars for achieving sustainable financial outcomes.