Middle East Economic Survey

VOL. LI

No 17

28-April-2008

KUWAIT

Kuwaits Banking System Amongst The Most Robust In The Gulf, Says Moodys

Kuwaits banking system is one of the most robust in the Gulf region, benefiting from the countrys outstanding economic performance in recent years and its fairly effective supervisory framework, said Moodys in its first Banking System Profile for Kuwait published on 22 April. In light of the countrys relatively undiversified economy, Kuwaiti banks face some...