18.2 million dinars liquidity boost expected as Kuwait’s bank prize draws to resume

Following the Central Bank of Kuwait’s announcement lifting the suspension on bank prize draws linked to customer accounts — a suspension imposed last March — attention has turned to when the draws will resume and how banks will handle the backlog of postponed prizes.

The decision came after the Central Bank confirmed that banks are now ready to restart prize programs in line with new regulatory controls designed to ensure the highest levels of transparency, integrity and governance.

Two key questions immediately emerged….