Kuwaiti banks and government forge path to economic optimism

• The discussion, between Prime Minister His Highness Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah and heads and representatives of Kuwaiti banks’ boards of directors, along with the Secretary-General of the Banking Union, addressed ‘many essential topics related to the banking sector, in order to improve the business environment and the work of banks.’

An atmosphere of optimism permeated economic and banking circles after a meeting between Prime Minister His Highness Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah and heads and representatives of Kuwaiti banks’ boards of directors, along with the Secretary-General of the Banking Union, the Al Rai newspaper reported.

Discussions focused on enhancing the banking sector’s role in bolstering the national economy, contributing effectively to development plans, projects, and the country’s ambitious vision.

The Banking Federation said in a statement that the discussion addressed “many essential topics related to the banking sector, in order to improve the business environment and the work of banks, and to support, facilitate, and grow economic activity’ in the country.”