PHOTO
Kuwait - Foreign net assets of the Central Bank of Kuwait (CBK) increased by 1.44% year-on-year to KWD 11.25 billion ($37.06 billion) in May, the CBK’s data showed.
On a monthly basis, the CBK’s foreign assets rose 0.54% from KWD 11.19 billion in April, the CBK said.
The CBK’s total assets grew 2.25% to KWD 11.38 billion in May versus KWD 11.13 billion in the same month a year earlier.
The GCC nation’s bank assets levelled up 4.4% to KWD 18.51 billion in May, compared to KWD 17.73 billion in the prior-year period.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
