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FINANCIAL NEWS
Kuwait reports 13 percent rise in banking system over H1
06 Dec 2015
(MENAFN) Kuwait’s banking segment posted a robust growth of 13 percent during the first half of 2015, based on recent reports.
Accordingly, the financial institutes mostly benefited from a cultivating operating environment not to mention a healthy progress in credit.
Moreover, loan growth in 2014 was driven mainly by solid demand for infrastructure project financing and retail banking.
Kuwait’s capability to continue with its spending plans without damaging its sovereign credit profile sets it apart from some of neighboring nations.
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