VOL. XXX

NO. 21

2-MARCH-1987

Financial and Banking News

REGIONAL BANKlNG

Kuwait Central Bank Governor Reveals Pace of Bad Debt Settlement

In a wide-ranging press conference on 17 February the Governor of the CentralBank of Kuwait (CBK), Shaikh Salem 'Abdul-'Aziz al-Saud al-Sabah, gave the firstofficial indication of the pace of the implementation of the CBK debtsettlement package introduced last August, which, had it kept to its originaltimetable, should have been completely implemented by the end...