VOL. XXXIV
NO. 43
29-JULY-1991
Financial and Banking News
KuwaitiFinance
Central Bank Governor Wants to See Four Commercial Banks in Kuwait, Merger Process to Start Next Month
Kuwait's Central Bank Governor, Shaikh Salim 'Abd al-'Aziz al-Sabah, wants tosee Kuwait's eight commercial banks merge into four, with the process beginningin August. In a wide-ranging interview with the local daily al-Watan on 24 July,the Governor said that if banks did not agree to go along with merger proposalsthey would...
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