Financial and Banking News
Kuwait Asia Bank Starts Liquidating Assets, Pending Decision On Future
Bahrain-based Kuwait Asia Bank is starting to liquidate its assets, pending adecision on its future later this year. The bank is majority owned by Kuwaitifinancial institutions, with the state-owned Public Institution for SocialSecurity as the principal shareholder. Kuwait Asia has lacked direction since achange in senior management was implemented in...
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