Market

Kuwait Credit Bank lends USD 11 bln

Kuwait Credit Bank offered over the past 10 years loans worth KD 3.38 billion (USD 11 billion).

The bank said in a statement on Sunday that number of the loans during the same period amounted to 133,000, and count of the beneficiaries settled at 1.56 million. Up to 505,000 clients benefited from electronic services, it added.

It revealed that 13 new residential districts were constructed; namely Sabah Al-Ahmad, plots in Al-Khairan, Al-Masayel, Northwest Abdullah Al-Mubarak, plots in Al-Nassem, Jaber Al-Ahmad City, Al-Wafra Al-Qaem, expansion of Al-Wafra and South Khaitan, South Abdullah Al-Mubarak, plots in Abu Hlaifa and West Abdullah Al-Mubarak.

Source: Kuwait News Agency

ANE