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Kuwait Banking Association criticises loan rescheduling
- Kuwait: Sunday, January 03 - 2010 at 09:49
The Kuwaiti Banking Association has described a draft law to let citizens pay off their loan interests as "unfair," Kuna has reported. "Impacts of the global financial crisis reflected on the Kuwaiti banking sector, especially cash flow, in light of the Central Bank's monetary policy," the association's 'Masaref' magazine said, referring to the re-scheduling of consumer loans.
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StaffSunday, January 03 - 2010 at 09:49 UAE local time (GMT+4)
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