Bank Muscat - Kuwait Branch

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Bank Muscat has completed the necessary procedures for the closure of its Kuwait branch, fulfilling its earlier commitment to gradually reduce operations and cease activity by 2025. This action was taken in coordination with relevant regulatory authorities.

Disclaimer*

BankMuscat (S.A.O.G)
30 December 2025
 

Date:    30 December 2025

 

Subject: Bank Muscat - Kuwait Branch

 

We refer to our disclosure dated 6 June 2022, wherein the Bank disclosed that it intends to gradually reduce the operations of its branch in the State of Kuwait with the aim of complete closure of the branch in 2025.

 

 

The Bank would like to inform the Market that it has completed all necessary procedures for the closure of its Kuwait branch activity. This step was carried out in line with the Bank's earlier commitments, in coordination with the relevant regulatory authorities. The Bank would like to take this opportunity to express its sincere thanks and gratitude to the relevant regulatory authorities for their cooperation in this regard.

 

 

Waleed K. Al Hashar

Chief Executive Officer

 

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Companies

BANKMUSCAT (S.A.O.G.) (BKM)
UK 100
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