So right now Gulf Bank of Kuwait is facing what most would call a stampede , a lot of people are running off to withdraw money
Unless the Central bank of Kuwait show that they are Moving to protect the people , the stampede isn’t going to stop
Same thing happen in 1985 to another local bank , Kuwait Finance House , and it nearly collapsed
The bad news , the news about the bank is going to drag the Kuwait Stock Exchange further down , the good news , i got out of KSE a year ago :p