NO. 38


Financial and Banking News

Regional Banking

Central Bank of Kuwait Hesitates to Lift Restrictions on DepositWithdrawals

At MEES press time on 21 June it was still unclear whether the Central Bankof Kuwait would lift restrictions on the withdrawal of bank deposits immediatelyfollowing the Eid, as planned. Since banks in Kuwait reopened in March,withdrawals have been limited to KD4,000 per person per month. Bankers estimatethat total withdrawals from KD accounts amount...