National Bank of Kuwait postpones installments and loan repayment for all customers

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National Bank of Kuwait postpones installments and loan repayment for all customers

National Bank of Kuwait postpones installments and loan repayment for all customers

National Bank of Kuwait announced the postponement of all installments on consumer loans and credit cards for a period of six months.

In an announcement to its clients the bank said the interest for the installments for this period would also be suspended.

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Read: Amnesty: Illegal expats can leave Kuwait till April 30

This was being done in view of the present economic circumstances prevailing due to the coronavirus impact on the economy.

So far in Kuwait, 255 diagnosed, 188 under treatment, 12 critical condition, 67 recovered and 1,231 under quarantine.

Coronavirus numbers worldwide more than 679,977 people have contracted the virus and at least 31,374 have died.