VOL. XXXII

NO. 35

5-JUNE-1989

Financial and Banking News

REGIONAL BANKING

Alahli Bank Emerges as the Weakest Among Kuwaiti Banks

Commercial banks in Kuwait, for the most part, live in a strictly orderedworld where their annual profit and loss account is effectively determined bycivil servants at the Central Bank of Kuwait who administer the distributionof cheap government deposits in accordance with the terms of the DifficultCredit Facilities Resettlement Program. The program was implemented in...