NO. 44


Financial and Banking News

Regional Banking

Profits Fall At Kuwaiti Banks

The fissure that has split the Kuwaiti banking sector in recent times hasbecome, if anything, even more pronounced following the announcement of 1994'sresults. The two preeminent commercial banks, National Bank of Kuwait and GulfBank, produced healthy profit increases and internationally respectableperformance ratios and are joined by Kuwait Finance House and the whollystate-owned Industrial...