Financial and Banking News
NEW LOAN REPORTING CRITERIA TO BE INTRODUCED IN KUWAIT
The Central Bank of Kuwait (CBK) has prepared new reporting criteria for commercial banks defining the extent of their non-performing loan portfolio which will come into effect by the end of this month. This was revealed by CBK Governor Abd al-Wahab al-Tammar in a recent interview with MEES Associate Editor Mehran Nakhjavani. Mr. al-Tammar also made it clear that "the management of a bank is the...
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