In Kuwait City’s financial district, confidence among the country’s banks is high. In recent years, lenders in Kuwait have emerged from the financial crisis with stronger balance sheets, more effective risk management systems and an eye to the longer term prospects offered by the domestic economy and regional markets.
These positive developments and improving sentiment have been underpinned by a less fractious political environment, with both the government of Kuwait and its parliament working together more effectively. In turn, this has expedited a number of long-awaited infrastructure and development projects, helping to stimulate growth in a number of sectors.
