Mubasher: Kuwaiti bank deposits in international banks have declined by 17.9% year-on-year in April, according to the data of the Central Bank of Kuwait (CBK).

Data showed that deposits decreased to KWD 5.69 billion in April compared to KWD 6.93 billion in April 2016.

Local bank deposits went down during the last two years by 23.7% compared to its levels in April 2015, when it reached KWD 7.46 billion.