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Kuwait raises retirees’ loan instalment ceiling to 40 percent of pension

timeskuwait.com · world

The revised framework aims to ensure equal treatment across customer categories, strengthen financial inclusion and encourage responsible borrowing while safeguarding retirees’ ability to meet their financial obligations. The Central Bank of Kuwait (CBK) has raised the maximum monthly loan instalment limit for retirees from 30 to 40 percent of their net pension, bringing them in … The post Kuwait raises retirees’ loan instalment ceiling to 40 percent of pension appeared first on Times Kuwait .

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