Kuwaiti central bank tells lenders to postpone customer dues for six months

Kuwaiti central bank tells lenders to postpone customer dues for six months
File photo Image Credit: @CentralBank_KW
  • Country:
  • Kuwait

Kuwait's central bank on Sunday instructed banks to postpone amounts due from coronavirus affected customers for six months without applying any penalties, it said in a statement.

The move, part of various measures by the central bank in response to the coronavirus crisis, extends a previous directive in March which stipulated a three-month postponement. The six-month window runs from March to September.

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