VOL. XXXII

NO. 28

17-APRIL-1989

Financial and Banking News

REGIONAL BANKING

Alahli Bank of Kuwait First to Report Lower Profits

In the strictly ordered world of Kuwaiti banking, annual bank results formost commercial banks carry the imprimatur of the Central Bank, and are managedwith a view to maintaining public confidence in institutions which, with theexception of National Bank of Kuwait, rely on Central Bank funds to avoidpunishing loan losses. It is therefore of considerable interest that...