NO. 2


Financial and Banking News

Gulf Crisis

Kuwaiti Commercial Banks Find Problems in Assessing their FinancialPositions

The process of determining the net position of Kuwait's financialinstitutions is proving more difficult and time- consuming than was expected.Banks which have outstanding transactions with Kuwaiti institutions have beenasked to send details to the Kuwaiti Banks' Committee in London for collation,but there have been numerous inconsistencies and errors...