10.06.2009 - Kuwait Finance has minimal exposure to Saad, Gosaibi
From Reuters: Kuwait Finance House, the country's biggest Islamic lender, has minimal exposure to two troubled Saudi firms, a unit of the bank said on Tuesday. "I tried to do some kind of calculation. It's not even 0.1 percent of our total credit portfolio," Emad Yousef Al-Monayea, Managing Director of Kuwait Finance's subsidiary, Liquidity House, told reporters. "We used to have good exposure but we did reduce that.".....Full Article: Source
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