Kuwait Finance House KSC : Credit from banking sector rose by 3pc in Nov, says KFH
Boursa Kuwait results on
The assets of personal credit facilities achieved the highest rise in value in November to reach about KD 589.4 million (
The statement pointed out that the facilities for the crude oil and gas sector increased by 4.14 KD billion (
It noted that the personal credit facilities constitute the largest share of the volume of credit facilities, accounting for 42.5 per cent of the total credit granted in November compared to 42.1 per cent in
Boursa Kuwait will be announcing the first annual results of the segmented markets for listed companies, according to the rules and regulations stipulated in the Rule Book, said a statement by the national bourse Saturday. The results will be announced after the market closure on
The annual review is to be conducted on an annual basis, according to the regulatory and organizational framework of the Rulebook, put in place by Boursa Kuwait to govern all operational aspects of the stock exchange, added the statement. Boursa Kuwait introduced the three-tiered segmented market last year, creating a Premier, a Main and an Auction market, each with unique characteristics and requirements.
This entailed the elimination of the parallel market and the main market, whereby all listed companies have been redistributed based on the three new different market segments. An annual review will be conducted to ensure that each company meets the specific criteria and requirements of the market it falls under.
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