VOL. XLV

No 9

4-March-2002

KUWAIT

S&P Says Kuwait Banks Enjoy Strong Liquidity AndProfitability

Top-tier Kuwaiti banks enjoystrong liquidity and profitability by both regional and international standardsin addition to a series of benefits derived from stable and substantialdeposits, said ratings agency Standard and Poors (S&P) on 26 February. Ina statement summarizing its latest assessment of the Kuwaiti banking system,the agency noted that the seven commercial banks in the country...