Kuwait’s Commercial Bank To Liquidate Investment Unit

A bourse filing says that Central Bank of Kuwait (CBK) intends to liquidate its investment unit. According to the bank, closing CBK Capital would not affect the bank's financial position in a negative way. It is said the bank has a capital of 15 million dinars ($53.5 million) and has undergone some restructuring. Activities have been reduced for a number of years.

More on: http://gulfbusiness.com/2012/09/kuwaits-commercial-bank-to-liquidate-inv...

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