Industrial Bank of Kuwait granted $1.5 billion loans between 1974-2000

Published December 31st, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The Industrial Bank of Kuwait provided 469 million Kuwaiti Dinars ($1.5 billion) worth of loans to the industrial sector between 1974-2000, reported Al-Bayan. Nearly 22 percent of the funds were granted to the raw materials sector, 17 percent to the engineering and mining sector and 15.2 percent was allocated to the food and beverages sector. — (menareport.com)

© 2001 Mena Report (www.menareport.com)