VOL. XLV

No 49

9-December-2002

KUWAIT

KFH Opens Branch In Bahrain

The Kuwait Finance House (KFH), one of the largest Islamic institutions in the world with assets of over $7.3bn, has opened an Islamic commercial branch in Bahrain with a paid-in capital of $100mn and authorized capital of $1bn. KFH-Bahrain is the banks first wholly-owned subsidiary outside Kuwait and will focus on corporate finance, global and direct investment, and treasury. Bahrain Monetary Agency (BMA) Governor Shaikh Ahmad bin...