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Kuwait banks warn of millions in losses as loan repayments are delayed

A number of Kuwaiti banks have warned of millions of dollars in losses due to delays of repayments of loans amidst the outbreak of the coronavirus which is threatening the country’s economy, RT reported yesterday. Kuwaiti National Bank, the largest bank in the country, said: “The total losses due to…

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Click here to read the full story: Middle East Monitor

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