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 ...

Kuwait's government agreed with a housing parliamentary committee to increase the capital of Kuwait Credit Bank by 300 million dinars ($993.31 million) to 3.3 billion dinars, the finance minister ...

ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and KNET, Kuwait’s national electronic banking company, today announced that WAMD, Kuwait’s real-time payment system, ...

KUWAIT - Kuwait Credit Bank, a state-owned lender that provides interest-free home loans, is in talks with banks and Oliver Wyman about issuing a possible 1 billion dinars ($3.30 billion) of bonds, ...

The Credit and Savings Bank (CSB) has fixed KD 45,000 as the ceiling for housing loans to be granted to divorced or widowed ...

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 ...

KUWAIT CITY, June 14: The Director- General of Kuwait Credit Bank, Salah Al- Mudhaf, announced that the bank had received about 300 online loan applications, and they had been financed by about 21 ...

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, ...

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 ...