NO. 21


Financial and Banking News

Regional Banking

Kuwait Ready To Open Banking Market, But Benefits To Global Banks Unsure

International banks are unlikely to take advantage of the opportunity to takeequity stakes in Kuwaiti banks despite an expected change in the country's lawsallowing them to do so. The expense of setting aside new capital, assigningsenior personnel to the affiliate bank, and the uncertain financial benefits tobe gained from such a step will ensure...