VOL. XXXV
NO. 51
21-SEPTEMBER-1992
Financial and Banking News
Regional Banking
Kuwaiti Banks still Face Huge Challenges despite Debt Buyout
The balance sheets of Burgan Bank and Bank of Kuwait and the Middle East,published in mid-September, show that Kuwait's deficit banks still face hugechallenges even after their non-performing loans have been bought out withCentral Bank debt bonds. Both banks have had to pay a heavy price for the debtbuy-out, since the terms of the deal involved repaying the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!