GulfGulf direct: this report names Kuwait or a GCC economy, business, or policy.
Kuwait's central bank warns unlicensed financial activity could put customers' funds at risk and may threaten economic stability.
CBK urges public to report unlicensed financial activities
In simple terms
The Central Bank of Kuwait (CBK) has urged the public to report individuals or entities carrying out financial activities without its authorization, noting that such practices could put customers' funds at risk and affect the stability of the country's economy.
Why it matters for the Gulf
- Central Bank of Kuwait urges public to report unlicensed financial activity.
- It warns such practices could endanger customers' funds.
- Kuwait's economy could face stability threats, the central bank says.
Earlier coverage
Earlier coverage on GreyNews
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What we don't know yet
4 claims still need verification.
How solid is this
1 source4 claims foundnot checked yet