Tuesday 22, April 2008 by

Moody’s publishes first banking system profile on Kuwait

Moody’s Investor Services, in its first banking system profile for Kuwait, said the country's banking system is one of the most robust in the Gulf region, benefiting from the country’s outstanding economic performance in recent years as well as a fairly effective supervisory framework, which, despite some drawbacks, has been very successful in restoring confidence in the system since liberation and nurturing its development.

Features & Analyses