VOL. XLVII

No 13

29-March-2004

RATINGS

Kuwaiti Banking System Among Strongest In Gulf Region, Emerging Markets, Says S&P

Ratings agency Standard & Poors (S&P) has commended Kuwaits banking system as one of the strongest in the Gulf region and among emerging markets in a report Bank Industry Risk Analysis: Kuwait published on 9 March. The sector benefits from a solid financial profile and limited competition, said S&P. This situation is expected to continue in the medium term,...