VOL. XXXVII
NO. 21
21-FEBRUARY-1994
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...
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