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Central Bank weighs in on distribution of profits - ARAB TIMES

KUWAIT CITY, Dec 4: According to informed sources, the Central Bank of Kuwait has refused to grant each bank individual permission to amend its statute in a manner that allows it to distribute quarterly profits at quarterly or half-yearly terms, reports Al- Rai daily. They explained that the positio

Central Bank weighs in on distribution of profits - ARAB TIMES

KUWAIT CITY, Dec 4: According to informed sources, the Central Bank of Kuwait has refused to grant each bank individual permission to amend its statute in a manner that allows it to distribute quarterly profits at quarterly or half-yearly terms, reports Al- Rai daily. They explained that the positio

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