NO. 24


Financial and Banking News

Regional Banking

NBK Issues Balance Sheet for Branches and Subsidiaries Outside Kuwait

National Bank of Kuwait (NBK) has issued an audited aggregated balance sheetfor its branches and subsidiaries outside Kuwait, showing total assets at theend of 1990 at $5,630mn. At the end of 1989 NBK's total balance sheet stood at$12,283mn. NBK is the only Kuwaiti-based bank which has been able to continueoperating during the Iraqi invasion, since it...