Kuwait's central bank governor said the Gulf Arab state is saturated with Islamic banks, according to remarks published in a newspaper on Tuesday.
Sheikh Salem Abdul-Aziz al-Sabah told Arabic language daily al-Seyassah that there were five Kuwaiti Islamic lenders registered with the central bank and five conventional banks.
Saudi Arabia's Al-Rajhi Bank 1120.SE, one of the biggest Islamic lenders in the Gulf, also operates in Kuwait."
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