Financial and Banking News
KuwaitBanks To Issue Half Year Figures From Next Year
The Central Bank of Kuwait and theheads ofthecountry's
commercial banks have agreed that thebanks will issue half yearfigures,startingon 30 June 1994.As part of this
development,the Central Bank will announcetheinterest rate which it will pay on its debtbonds by the end of June
eachyear. Hitherto,theinterest rate on thebonds has been announced shortly before thebanks issue...