VOL. XXXVI

NO. 35

31-MAY-1993

Financial and Banking News

REGIONAL BANKING

Kuwaiti Banks Continue To Move Money Back Home

Kuwaiti banks continued to redeploy foreign assets into domestic lendingduring 1992, but the level of banking capacity remained static over the year,figures released by the Central Bank of Kuwait show. The Central Bank's Quarterly Bulletin for the final quarter of 1992 shows thattotal assets of thesix commercial banks declined by 0.6% over the year to KD8,360.8mn ($27,767mn).Many...