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550194 Kuwaitis obtain KD 14.7 billion in loans

Finance Kuwait City 10 Jan 23
550194 Kuwaitis obtain KD 14.7 billion in loans
Almost 550,194 Kuwaitis has obtained consumer and installment loans, according to Central Bank of Kuwait's latest statistics.
Event Location
Kuwait, Kuwait
Kuwait City
Start Time
10 January 2023, 12:00 AM
End Time
31 January 2023, 12:00 AM

The Central Bank of Kuwait revealed, in its latest statistics, that 550,194 Kuwaitis obtaining consumer and instalment loans, reports Al-Jarida daily.

The loan portfolio provided to citizens was 14.7 billion dinars, with 13 billion housing loans and 1.7 billion consumer loans and that 2.3 percent defaulted in payment.

The daily added that the degree of regularity in repaying loans on the part of citizens amounted to about 97.5% of the total value of loan

Kuwait CBK loans Kuwait banking news 2023

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