Kuwait International Bank’s Over One Year Exposures in the State of Qatar
Reference to the provisions of Chapter Four of Disclosure and Transparency Book of CMA’s executive bylaw No. (7) of 2010 issued on 9 November 2015, as amended, concerning disclosure of material information.
At the request of the Disclosure Department of Capital Markets Authority, please find attached the disclosure form of material information concerning our bank’s over one year exposures in the State of Qatar.
Disclosure of Material Information Form
Date : 02/07/2017
Listed Company : Kuwait International Bank
Material Information : We would like to state that our bank’s over one year exposures with Qatari banks amount to approximately KD 4 million (that is 0.2% of our bank’s total assets).
Impact of the Material Information on the Company’s Financial Position : None.