VOL. XXXIV
NO. 22
4-MARCH-1991
Financial and Banking News
Regional Banking
Seven Kuwaiti Banks to Begin Settlement of Interbank Positions
Seven of Kuwait's eight commercial banks have begun the process of settlingtheir interbank positions, following the lifting on 25 February of freezingmeasures by the Bank of England and the US Office of Foreign Assets Control (OFAC).Japan announced on 28 February that assets of the seven banks would be unfrozenon 18 March and regulatory authorities in other...
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