Commercial Bank of Kuwait

The Commercial Bank of Kuwait (Al-Tijari) is Kuwait’s second-oldest bank. Established in 1960, the bank today provides banking products and services to corporate and personal customers in Kuwait and internationally. Al-Tijari has been a lead financier and arranger of loans to power, construction and infrastructure projects in Kuwait.

The bank conducts business through four operating segments:

• Corporate banking division, which provides short-term working capital loans, long-term financing for capital expenditure and direct financing in various sectors including oil and gas, as well as financing for large government and PPP projects.
• Retail banking division, which offers lending, deposit and traditional and digital banking services to retail customers.
• Treasury and investment division, which offers money market, foreign exchange, treasury bonds, asset management and brokerage services, and raises long-term financing for the bank.
• International banking division, which maintains relationships with non-Kuwaiti financial institutions to support multinational companies in their business activities and to diversify the bank’s geographical exposure. The division also lends to banks and non-banking financial institutions such as multilateral development institutions and sovereigns.

Al-Tijari has an independent risk management division that monitors the bank’s portfolio and activities through three functional areas: credit risk management; operational, fraud and information security risk management; and enterprise risk management.

Under its ESG policies, Al-Tijari devotes resources to serving the community and the bank’s initiatives have been recognised with prestigious awards in the GCC.