VOL. XXXVI
NO. 10
7-DECEMBER-1992
Financial and Banking News
REGIONAL BANKING
Out of the Frying Pan and into the Fire: Kuwaiti in Banking the Mid-1990s
The shadow of insolvency which has hung over the Kuwaiti banking system formore than 10 years has been lifted by the government's multi-billion dollarbail-out, but it has been replaced by the prospect of stagnant earnings andminimal profitability lasting until the end of the decade. All Kuwaiti bankshave published their balance sheets for the end of...
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