Photo Credit: Arabianeye-Reuters
KIB
KIB`R
KIB`R
A debtor to Kuwait International Bank (KIB) requested from a local bank to offer a debt settlement plan to pay the KWD 16.8 million ($56 million) debt.
As previously mentioned, KIB and the local bank are currently carrying out the primary procedures to complete the debt settlement.
KIB’s capital stands at KWD 103.7 million, with a par value of 100 fils per share.
Source:
Mubasher
