Financial and Banking News
REGIONAL BANKING
KFTCIC Tightens Control over Swiss Subsidiary
The Kuwait Foreign Trading Contracting and Investment Company (KFTCIC) which is 97% owned by the Kuwaiti Government, has announced that its control over its Geneva-based subsidiary, Credit des Bergues, is being tightened with the appointment of the KFTCIC chairman and managing director, Mr. 'Abdallah al-Gabandi, as Chairman of Credit de Bergues. The previous chairman of Credit des Bergues, Mr....
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