Mubasher: Kuwait Finance House (KFH) is planning to finance megaprojects, mainly in the oil sector, in 2019, the CEO of the bank Mazin Saad Al Nahedh told Al Arabiya.
The financial status of the banking sector is going on the right track with a flow in liquidity, Al Nahedh added.
The megaprojects are expected to enhance the banking sector with transactions estimated at more than KWD 1 billion, the CEO of Kuwait's second-biggest lender by assets said.
Al Nahedh clarified that the problem usually appears in the low return on megaprojects due to the solid assets.
