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Foreign liabilities dip as Kuwaiti banks see growth in foreign assets

By the end of February, the Kuwaiti banking sector’s total foreign assets grew to KD 28.24 billion, marking a 1.2% increase (342 million dinars) since the end of 2024. These assets include loans to foreign banks (2.1 billion dinars), non-bank entities abroad (5.3 billion dinars), and foreign investments (13.2 billion dinars).

According to Al-Jarida, foreign liabilities stood at 12.62 billion dinars, slightly down from 12.74 billion dinars in December. Net foreign assets reached 15.63 billion dinars, reflecting strong confidence in Kuwait’s banking sector and currency.

Meanwhile, deposits with foreign banks rose by 5.8% to 5.64 billion dinars, up from 5.33 billion dinars at the end of 2024.



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