VOL. XXXNO. 220-OCTOBER-1986

FINANCIAL AND BANKING NEWS

REGIONAL BANKING

Kuwaiti Central Bank Governor Urges Speedy Settlements

Kuwait's new Central Bank Governor, Shaikh Salem 'Abd al'Aziz al-Sa'ud al-Sabah,has reminded the commercial banks of the importance of completing arrangementsto reschedule outstanding bad debts on the basis of the Central Bank's program.In a lengthy interview with the daily Al-Anba on 12 October, Shaikh Salemreminded the banks that if they failed to regularize their bad...