Financial and Banking News
KFH To Open Turkish Subsidiary
The Kuwait Finance House (KFH), which is a Kuwaiti government-controlledIslamic bank, last week unveiled plans to open a subsidiary in Turkey. KFH hasbeen planning a Turkish branch for over two years, but the delay has apparently paid off insofar as it is now able to announce a link-up with theTurkish state-controlled waqf foundation. The subsidiary, to be known as KuwaitTurkish Finance...