Business

CBK issues KD 240 million Tawarruq, bonds

The Central Bank of Kuwait (CBK) today announced the issuance of Tawarruq and bonds worth KD 240 million (about USD 792 million). The issue’s maturity period is three months, with a return rate of 1.125 percent, the CBK said in a statement to Kuwait Ne…

KCB: Total loans in 2021 reached KD 400 mln

– Kuwait Credit Bank (KCB) said Saturday that its total loans disbursed in 2021 equaled KD 400 million Kuwaiti dinars (about USD 1.3 billion) with a 23,000 loan requests.The KCB spokesperson Habari Al-Khashti said that the effectiveness of the bank’s e…