NO. 15


Financial and Banking News

Loans & Issues

Kuwaiti Commercial Banks Buy Up T-Bills on Secondary Market

Figures recently published by the Central Bank of Kuwait indicate that duringthe third quarter of 1989 the commercial banks in Kuwait for the first timeever bought large volumes of treasury bills on the secondary market. The banks'total assets grew strongly in the third quarter - by KD312mn - principallybecause of active buying of bills, which were largely...