Financial and Banking News


BKME Climbs to Second Position among Kuwaiti Banks

Analysts and observers of the Kuwaiti banking scene have been treated to an intriguing spectacle during the last two years as the Central Bank of Kuwait has exerted and consolidated its control over the commercial banks, and, in the context of the debt crisis, effectively ranked the banks according to quality of their loan portfolios. By exercising complete control over loan loss provisioning...