Central Bank of Kuwait highlights improving banking sector health
Kuwait's banking sector saw "positive development" on "almost all fronts", according to the Central Bank of Kuwait's annual financial stability review.
The review, which covered 2013, pointed to a number of signs of health in the banking sector. Assets saw double-digit growth and credit flows to most sectors rose. The level and ratio of non-performing loans fell, and banks' capital adequacy ratios rose to 18.8%, which the central bank described as "fairly high".
Islamic banks gained a higher
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