NO. 35


Financial and Banking News

Regional Banking

Kuwaiti Domestic Credit Increases By 13% In 1993

Domestic credit extended by Kuwait's commercial banks increased by 13% in1993, indicating that the local economy is continuing to expand, albeit at aslow pace. Central Bank figures for January 1994 show the trend accelerating,with credit extended up 8% during the first month of the year. The increaseshave been spread over all business sectors except agriculture and...