Middle East Economic Survey
Kuwaits Credit Growth Recovered In May, According To NBK
Credit growth in Kuwait recovered in May, primarily in the consumer and real estate areas, says the National Bank of Kuwait (NBK) in its latest Economic Brief published on 30 June. Yet non-resident deposits were still falling. Banks liquid assets rose KD159mn ($552mn at the current exchange rate $1=KD0.288) during the same month, while government and semi-government accounts have...