Kuwait: Loan installments postponed for 6 months

Kuwait’s Parliamentary Finance Committee Representative disclosed that the committee agreed to the proposal to postpone the payment of consumer and installment loans in local banks, investment companies and financing companies subject to the supervision of the Central Bank, for a period of 6 months.

Al-Saleh added in a statement to Al-Jarida that they have also agreed to postpone the payment of the financial obligations owed to citizens by the defaulters fund, the family fund, the credit bank, the housing welfare institution and the social insurance institution

Comments