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Markaz: COVID-19 takes a toll on Kuwait banking driven by macro uncertainties and lower asset quality

A new report recently released by Kuwait Financial Centre “Markaz” has stated that Kuwait’s banking system would continue to face pressure in terms of profitability and asset quality for the rest of the year.  Titled ‘Kuwait Banking Sector Outlook 2020 – Asset quality under pressure as operating environment turns challenging,’…

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Source: Kuwait Financial Centre “Markaz”

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