Kuwait's government has also agreed to reschedule 500 million dinars in bonds owed by the Credit Bank to the Kuwait Fund for Development and is working to allow the bank to issue one billion ...

Access to liquidity will enhance the financial reserves of the country, helping it to meet obligations amid evolving global ...

KUWAIT, April 8 (KUNA) -- Kuwait Credit Bank (KCB) gave a total of KD 28.6 million (USD 94 million) worth of property loans and grants and loans to women in March, the KCB official spokesperson said ...

Kuwait Credit Bank celebrated the 50th anniversary of its foundation. His Highness the Amir has deputized His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah to represent him at ...

ending a monopoly long enjoyed by Kuwait Credit Bank; and widening the tax base with new corporate taxes on local companies. While most countries in the region are diversifying away from oil and gas, ...

KUWAIT CITY, Nov 14: Outstanding bank credit recorded a healthy gain in September, but saw growth slow notably to 7.2% year-on-year (y/y) due to base effects. Loans rose by a good KD 272 million, ...

having come down from a high of 23% in June 2004 after the Central Bank of Kuwait (CBK) instituted breaks on credit growth with the introduction of an 80% ceiling on the loan to deposits ratio of ...

Bahrain’s innovator and leading company in Fintech and electronic financial transactions service BENEFIT has signed an agreement with Kuwait Credit Information Network Company (Cinet ...