Boubyan Bank

Ali Al-Salem Street
Kuwait City, Al Asimah

Boubyan Bank News

Kuwait's Boubyan Bank issues first public sukuk

Kuwait's Boubyan Bank issued $250 million Perpetual Tier 1 Capital Certificates completed May 16, the first public sukuk from a Kuwaiti bank, the first public sukuk out of Kuwait since 2007 and the world’s first public fully Basel III-compliant Tier 1 sukuk. “We are delighted to have been part of this truly remarkable transaction,” Alex Roussos, Dentons capital markets partner, said. Read More »

Boubyan Bank picks Oberthur Technologies to provide the first contactless payment cards in Kuwait

Oberthur Technologies (OT), a leading French digital security company, recently was selected by Kuwait’s Boubyan Bank to offer its first contactless payment cards. OT’s contactless payment system is a non-cash payment transaction that does not require a physical connection between the consumer payment device and the physical point-of-sale (POS) terminal.. Read More »

Kuwait's Boubyan Bank to offer contactless payment cards

Kuwait-based Boubyan Bank said it will soon provide contactless payment cards to its customers through a deal with Oberthur Technologies, a provider of embedded security software products, services and solutions for connection, authentication and payment purposes. The contactless payment cards will give bank customers a secure, quicker and more convenient shopping experience. Read More »