Kuwait Firm To Tout Securitization As Solution To Govvy’s Woes

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Kuwait Firm To Tout Securitization As Solution To Govvy’s Woes

Kuwait-based Islamic investment company Rasameel Structured Finance plans to approach the Kuwaiti government with a plan to securitize the risk it will take onto its balance sheet from bailing out Kuwaiti banks, after drafting an industry white paper on the development of the capital markets.

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