Financial and Banking News

CENTRAL BANK MAINTAINS HIGH DISCLOSURE REQUIREMENTS IN KUWAIT

The Central Bank of Kuwait, which at the beginning of this year asked for an unprecedented volume of documentation from the commercial banks covering all aspects of their loan portfolios, intends to maintain this high disclosure requirement in the future, according to Shaikh Salem 'Abd al-'Aziz al-Sa'ud alSabah, Manager of the Central Bank's Banking Supervision Department. Speaking to ...