VOL. XXXVII

NO.6

8-NOVEMBER-1993

Financial and Banking News

Regional Banking

Banking Conditions In Kuwait Improve, Although Many Challenges Remain

All of Kuwait's nine commercial and specialized banks have now publishedtheir results for 1992, their first normal accounting year since the Iraqiinvasion. Alahli was the last to report, issuing its financial statements on 6November. (It declared a loss of KD15.1mn). Analysis of the banks' figures makedepressing reading, but conditions have improved...