China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The money network:

The money network:

Why crowdfunding threatens traditional bank lending

July 2006

Kuwait



Bahrain I Egypt I Iran I Israel I Jordan I Kuwait I Lebanon I Morocco I Oman I Qatar I Saudi Arabia I United Arab Emirates I Lifetime Achievement

BEST BANK: National Bank of Kuwait
BEST DEBT HOUSE: NBK Capital
BEST EQUITY HOUSE: Global Investment House

Competition has intensified in Kuwait in the past couple of years. The standard of products and services is higher than ever before and a number of banks, headed by Commercial Bank of Kuwait, are now offering a real challenge to National Bank of Kuwait’s dominant position.

But it is a tribute to the professionalism of NBK’s management that it still has the energy and drive to remain ahead of its rivals and retain its position...


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