VOL. XXXI
NO. 32
16-MAY-1988
Financial and Banking News
INVESTMENT ACTIVITIES
Commercial Banks Hold 58% of Kuwait Public Debt
Six commercial banks in Kuwait had 58% of the government's total issue ofdebt on their own books at the end of 1987, a MEES survey of the banks' reportsshows. Excluding the singlebranch Bank of Bahrain and Kuwait and the specialistbanks such as Kuwait Real Estate Bank and Industrial Bank of Kuwait, a total ofKD370.5mn worth of government bonds and bilLs were held by the six...
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