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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds), Emerging Trends, Investment more

Investor engagement in Boubyan Bank to stress Islamic banking competition

Posted on 27 July 2009

From Menafn.com: The acquiring of shares of Bobyan Bank by an investor or more would stress comptetion in the Islamic banking in particular and the financial and banking sectors in general, said Central Bank of Kuwait (CBK) Governor Sheikh Salem Al-Sabah.

In an interview with Kuwait’s Al-Rai newspaper on Sunday, Al-Sabah said that would also contribute in efficiency increase and performance development and would enable the local banking sector to overcome challenges…………Full Article: Source

 
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