NO. 46


Financial and Banking News

Gulf Crisis

US Treasury Says Nine Category II Banks Will not Be Blocked

The US Treasury has added nine banks to its list of financial institutionswith Kuwaiti connections which are not blocked under US moves to freeze Kuwaitiassets. The nine had been classified by the Treasury as Category II banks and assuch were obliged to provide appropriate information on their ownership andcontrol before 18 August if they were to continue to be...