Mohammad Y Al-Hashel: The battle for relevance

Keynote speech by His Excellency Dr Mohammad Y Al-Hashel, Governor of the Central Bank of Kuwait, at the CBK International Banking Conference "Shaping the Future", Kuwait City, 23 September 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
24 September 2019

Assalam-o-Alaikum and a very good morning to you all.

It gives me great pleasure to welcome you today to this international banking conference. I would like to start by expressing my deepest gratitude to His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah for his patronage of this conference. It is the guidance and wise leadership of His Highness that has enabled us to build one of the region's safest and most robust financial systems, which has played a vital role in the development of our economy.

I would like to thank all the honorable governors of central banks, heads of regulatory authorities, heads of financial institutions and other distinguished guests for joining us today. And I am grateful to all the distinguished speakers who are participating in this event, our local banks who have partnered with us to support this conference and my dedicated colleagues at the Central Bank of Kuwait (CBK) for their efforts in organizing this conference.