Financial and Banking News
KFAED Lends $300mn in FY 1985/86
The Kuwait Fund for Arab Economic Development (KFAED) made 15 loans worth atotal of KD88mn ($300.4mn) during FY 1985/86, an increase of 30.6% over theprevious year (MEES, 7 April 1986), according to the Fund's twenty-fourth annualreport. Net loan disbursements (loans disbursed minus loan repayments) totalledKD67.7mn. Six loans to Arab countries accounted for 65.8% of KFAED'sdisbursements (with...