Financial and Banking News
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...
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