Wednesday 2 February 2011

Kuwait Central Bank Queries Bank's Egypt, Tunisia Liabilities After Unrest - Bloomberg

Kuwait’s Central Bank asked local banks to reveal their liabilities in Egypt and Tunisia following recent political unrest in the two countries, Al-Rai reported, citing people familiar with the matter.

Lenders are also to provide the central bank with details of the natures of the liabilities, and risks that each bank may face, according to the newspaper.

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