NO. 50


Financial and Banking News

Regional Banking

Burgan Bank and BKME Issue Figures for 1991

Two Kuwaiti banks, Burgan and Bank of Kuwait and the Middle East (BKME), haveissued their first audited accounts since the Iraqi invasion. Both showed losses- KD40.3mn for Burgan and KD65.8mn for BKME. Full figures were not availableby MEES press time. The three other commercial banks which have not yet reportedare expected to do so soon. National Bank of Kuwait (NBK) issued...