Kuwait banks step up competition with four percent loans for premium customers
Kuwait’s banking sector is witnessing intensified competition over premium customers, with medium-sized and smaller banks challenging lenders that have recently introduced loans at interest rates of around 4 percent, roughly 2.5 percentage points below the maximum rate allowed for financing entities. The move by two banks to offer financing at around 4 percent has prompted … The post Kuwait banks step up competition with four percent loans for premium customers appeared first on Times Kuwait .