A glimpse at today’s reality is sufficient to realize the speed of its developments and the depth of its transformations; such transformations initially start in the cognitive space and then move quickly back to reality to reshape its image and determine its features at a relentlessly steady pace.
In view of this progressive development, we can neither remain as distant observers nor as mere recipients, but we must contribute to manufacturing our reality and shaping our future, relying after Allah Almighty on science, knowledge and experience.
Stemming from our awareness at the Central Bank of Kuwait that this can only be achieved through preparing national cadres that are qualified according to the highest international standards, we have adopted a strategic vision for the development of young Kuwaitis through a comprehensive package of programs that cover the main aspects of the development of banking business and that is inherently based on providing the participants with a set of disciplines and skills in the fields of systematic scientific research.
Stemming from our role in developing national cadres and competencies in the banking and financial sector, the institute offers its long experience, extending to five decades, in the field of high-level vocational training for the sake of achieving a strategic vision for the development of national cadres.
This vision that has been adopted and launched by the Central Bank of Kuwait in cooperation with the Institute of Banking Studies and the Kuwaiti banks under the title of (Kafa’a “Competence”). This stems from our firm belief that continuous learning is an indispensable necessity, and that development is a continuous process undertaken by successive generations, and that investing in human capital is the most important and highest-return investment nationwide.
In order to achieve this ambitious vision, the Kafa’a initiative explores the future needs of the banking sector and examines its opportunities and challenges in order to offer, in light of this examination, the best academic and training programs for building Kuwaiti capabilities and developing national competencies that are qualified to undertake the responsibilities of the banking sector and lead it in the future towards further development, equipped with a thorough and broad knowledge obtained from both practical and theoretical programs, in line with the highest universal standards, in cooperation with the most prestigious educational institutions worldwide.