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  • 25-03-20

    Kuwait: banks to delay payment of installments of consumer, installed loans for citizens

    (MENAFN) On Tuesday, Kuwait Banking Association accounted that, domestic banks would postpone payment of installments of consumer and installed loans for citizens for 6 months.


    The banks are also ending interests and income to be posted by this delay or any other fees.


    The banks would also delay payment of the installments of credit cards for all Kuwaiti clients for 6 months and ending interests, income to be made from this postponement or any other fee, as said in a statement by the association.


    They will also postpone installments of loans and credit facilities for the clients, namely owners of small and medium firms, for the same period, as well as removing interests and income identical to the mentioned cases.

    MENAFN2503202000450000ID1099909866

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