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Mohammad al-Hashel

Mohammad al-Hashel latest

Kuwait to Offer Bank Loans for COVID-19 Affected SMEs
April 22nd, 2020 - 11:15 GMT

Kuwait to Offer Bank Loans for COVID-19 Affected SMEs

Bank loans will be provided for those affected by the coronavirus outbreak with financing at a maximum 2.5 percent interest rate for three years, Kuwait’s Central Bank Governor Mohammad al-Hashel has announced. In a press statement on Tuesday, Hashel said this financing will be available for affected sectors, small and medium enterprises, individuals and companies. The state will support companies in paying the interest for the first and second year ...
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