Commercial Bank of Kuwait (Al-Tijari)
Sector: Banks & Financial Services
Date of Establishment: 1960
CEO: Elham Yousry Mahfouz
Market Value: $3.3 billion
The Commercial Bank of Kuwait is the second oldest bank in Kuwait. In 2020, it implemented smart teller and deposit machines equipped with NFC verification technology. The bank contributed $33.5 million to a CBK Fund to support Kuwait’s efforts to fight the pandemic. CEO, Elham Yousry Mahfouz, ranked #16 on Forbes Middle East’s list of the Middle East’s Power Businesswomen 2021.