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BRIEF-Fitch says Kuwaiti banks' asset quality improving; highest reserve coverage in GCC
August 30, 2017 / 8:16 AM / in 3 months

BRIEF-Fitch says Kuwaiti banks' asset quality improving; highest reserve coverage in GCC

Aug 30 (Reuters) -

* Fitch: Kuwaiti banks’ asset quality improving; highest reserve coverage in GCC

* Fitch on Kuwaiti banks - current level of government spending expected to continue, although this will still be lower than in other GCC countries

* Fitch on Kuwaiti banks - capital ratios are expected to remain stable

* Fitch on Kuwaiti banks - more likely that excess loan-loss reserves will be transferred to non-distributable equity reserves

* Fitch on Kuwaiti banks - does not expect central bank to allow banks to release loan-loss reserves Source text for Eikon:

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