Browsing: Audit

Kuwait, 7 June 2026: As part of its strategy to advance the role of the banking sector and elevate standards of corporate governance and internal audit in line with global best practices, Kuwait International Bank (KIB) participated in a panel discussion organized by the Kuwait Banking Association to mark Internal Audit Awareness Month 2026. Held under the theme “Building Organizational Resilience: The Evolving Role of Internal Audit in Geopolitical Crises,” the seminar brought together a distinguished group of executive leaders and risk management and compliance experts from banking institutions and government entities, alongs

Kuwait, 10 June 2026: Kuwait International Bank (KIB) announced the conclusion of the postponed draws for its Al Dirwaza savings account, held over two consecutive weeks at the Bank’s headquarters after fulfilling all regulatory requirements and controls. This reflects the Bank’s commitment to compliance, transparency, and ensuring customers’ rights across all draws. A total of around 54 postponed draws were conducted covering the period from March 2025 to January 2026, all broadcast live for customers to reinforce transparency and integrity. The process took place under the supervision of global audit firms Grant Thornto