VOL. XLIV
No 48
26 November 2001
KUWAIT
NBK Says New Credit FacilityAgreements Hit A Record In September
In its latest (13 November)economic brief on monetary developments, National Bank of Kuwait (NBK) reportedthat September 2001 saw the largest increase in credit facilities to residentsin four years, with lending to the private sector rising by KD193mn ($629.7mn)or 3.5%. However, most of this was offset by a drop in credit to non-residentsof KD153mn ($499.2mn), which NBK believes is possibly...
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