Kuwait real estate loans reaches KD 12.8 million
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.