Financial and Banking News

REGIONAL BANKING

Central Bank Reiterates Confidence in Kuwaiti Banking System 

The manager of the Central Bank of Kuwait's Bank Supervision Department, Shaikh Salem al-Sabah in an interview with the daily al-Qabas on 17 November reiterated the Central Bank's confidence in the stability of the banking system, and the capital adequacy of the commercial banks in Kuwait. He said that as of the end of September, the commercial banks' capital funds...