NO. 27


Financial and Banking News

Regional Banking

Kuwaiti Bank Mergers: Missed Opportunity or Prudent Delay?

It now seems clear that the merging of Kuwait's commercial banks andinvestment companies will not take place before the spring of 1992, although areasonably clear picture of who will merge with whom should start appearing bythe end of this year. Three steps are necessary for mergers to happen: banksmust report on their financial status, both inside and outside Kuwait...