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Al Rajhi seeks Kuwait entry
- Kuwait: Monday, December 31 - 2007 at 15:19
Sheikh Salem Abdul Aziz Al Sabah, the Governor of Kuwait's Central Bank, has revealed Saudi Arabia's Al Rajhi Bank wants to open a branch in the country, reported Reuters citing the Al Hayat newspaper. Al Sabah said the lender was due to submit documents in order to show it meets the necessary requirements for operating in Kuwait. Al Sabah added no other Saudi bank had applied for a licence.
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Jonathan Sheikh-Miller, Deputy EditorMonday, December 31 - 2007 at 15:19 UAE local time (GMT+4)
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