The bank was established on May 13, 1973 under the name of the Kuwait Real Estate Bank, to meet the growing need for a bank specialized in real estate financing. The Bank's goal is to provide banking facilities to investors, contractors and private property owners. Kuwait International Bank. On the first of July 2007, the bank's system was transformed to be based on the Islamic banking system, and the bank's name was changed from Al-Aqaria to become Kuwait International Bank. The bank's assets are estimated at about one billion Kuwaiti dinars in 2011. It currently has 27 branches spread across the regions of Kuwait.
