Boubyan Bank K.S.C.
KKSE:BOUBYAN642.00
KWF
-6.00
(-0.93%)
ISIN
KW0EQ0102065
Return %
Stock
S&P 500
1Y
-3.38
14.20
3Y
28.28
81.12
5Y
16.72
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Adel Abdul Wahab Al-Majed
- Full Time Employees
- 2,390
- Sector
- Finance
- Industry
- Major banks
- Address
- P.O. Box 25507 Kuwait City KU Kuwait 13116
- IPO Date
- May 15, 2006
- Website
- bankboubyan.com
- Similar Companies
- Business
- Boubyan Bank K.S.C. is a Kuwait-based Islamic bank that provides retail, corporate, and wealth management financial services through a diversified product suite and international operations. Founded in 2004 and headquartered in Kuwait City, Boubyan Bank operates as a subsidiary within the Kuwaiti banking sector, leveraging Sharia-compliant financing and banking structures to serve individual and institutional clients across multiple markets. Main products and services - Retail banking and deposits: current accounts, savings accounts, youth and salary accounts, fixed deposits; housing and construction loans, auto financing, personal financing, furniture and appliance financing, health and education financing; financing against deposits; consumer finance products tailored to individual customers - Card and payment solutions: debit cards, credit cards, prepaid cards, contactless payment services, online and mobile wallet integrations - Corporate and SME banking: working capital financing, term financing, trade finance (letters of credit, guarantees), supply chain finance, cash management services, corporate lending, structured finance - Sharia-compliant financing and advisory: Murabaha, Ijarah, Musharaka/Mudaraba arrangements, takaful and Sharia governance aligned products; treasury and liquidity management within Islamic frameworks - Trade and international banking: trade finance solutions, foreign exchange services, correspondent banking, cross-border settlement support - Wealth and personal financial services: private banking, investment advisory, asset management services, discretionary and non-discretionary portfolios - Digital banking and digital onboarding: online account opening, mobile banking, digital payments, remote customer onboarding and authentication - Insurance offerings: family takaful and general insurance partnerships or products as part of integrated financial planning (where applicable) Latest major company changes - Strategic partnerships and alliances: Boubyan Bank engages in collaborations to enhance payment networks, digital banking capabilities, and cross-border services; these partnerships expand distribution and service reach across regions - Funding rounds and acquisitions: Boubyan Bank’s parent or affiliated entities participate in capital market activities to support growth; updates typically include capital optimizations, liquidity enhancements, or strategic minority investments - Product launches and service expansions: continuous enhancement of Sharia-compliant products, expansion of digital banking features, and broadened cash management and trade finance capabilities for corporate clients - Corporate restructuring or branding: activations around organizational realignments or governance enhancements to support strategic focus areas and efficiency - Geographic and operational expansion: efforts to scale international operations, including digital channels and cross-border banking services targeting Kuwaiti and regional customers - Notable operational updates: ongoing enhancements to risk management, provisioning, and customer experience initiatives aligned with regulatory expectations and market demand Industry and segments - Banking and financial services, Islamic banking, retail banking, corporate banking, wealth management, trade finance, treasury and liquidity management Target markets and customers - Individuals and households seeking Sharia-compliant personal finance, debit/credit products, and everyday banking services; small and medium-sized enterprises and large corporates requiring working capital, project finance, and trade finance; high-net-worth individuals requiring private banking and discretionary investment services Geographic operations - Primary: Kuwait and Kuwait City headquarters - International reach: services and product distribution across the Middle East, Europe, North America, and other markets via digital platforms and correspondent networks Corporate structure - Parent/subsidiary relationships: Boubyan Bank operates as a Kuwaiti shareholding bank with links to National Bank of Kuwait as a key corporate context; structured to deliver specialized Islamic banking offerings within Boubyan’s own brand Founding year and headquarters - Founded in 2004; headquarters in Kuwait City, Kuwait Subsidiaries and affiliations - Boubyan Bank’s operations are supported by associated corporate entities and partner networks for insurance, investment, and wealth services, delivering a broad set of integrated financial solutions Notes - Boubyan Bank specializes in Sharia-compliant banking and financial services across consumer, corporate, and wealth segments, supported by digital channels and international trade capabilities; ongoing partnerships and service enhancements position it to expand regional and international footprints while maintaining a strong focus on risk management and regulatory compliance