NO. 27


Financial and Banking News

Regional Banking

Kuwaiti Authorities Still Considering their Options on BAII and KFB

Kuwait's financial authorities have not yet decided what approach to take tothe rescue of Banque Arabe et Internationale d'Investissement (BAII) and KuwaitiFrench Bank (KFB), and no decision is expected in the immediate future.Nevertheless, the Kuwaiti authorities are committed in principle to solving theproblems of both banks, either as a single package or...