Kuwait real es­tate loans reaches KD 12.8 mil­lion

Kuwait Times - - LOCAL -

To­tal num­ber of real es­tate loans in Septem­ber was 430, amount­ing to KD 12.8 mil­lion, Kuwait Credit Bank (KCB) an­nounced yes­ter­day. In a state­ment, KCB re­vealed that the to­tal num­ber of prop­erty loans in Septem­ber 2016 was 20, amount­ing to KD 182,000. The govern­ment-owned prop­erty loans reached 66 with a value of KD 4.5 mil­lion, while the pri­vate prop­erty loans were 22 with a value of KD 1.2 mil­lion. More­over, to­tal num­ber of res­i­den­tial prop­erty loans was 39 with a value of KD 2.8 mil­lion, prop­erty ex­pan­sion loans stood at eight with a value of KD 182, 000 and to­tal loans al­lo­cated for the hand­i­capped was 194, with a value of KD 1.6 mil­lion.

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