Financial and Banking News

REGIONAL BANKING

High Concentration of Kuwaiti Loans Revealed 

Details of the concentration of Kuwaiti banks' loan portfolios into a very small number of accounts were last week revealed by Mr.'Abdallah al-Nibari a former deputy in the National Asembly. The details have been provided by the Finance Minister, Mr. Jassim al-Khurafi in response to a question from a deputy, and show that as of the end of March 1985, 60% of the banks' total loan...