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FINANCIAL NEWS
6.4 percent loan growth in Kuwait
03 Aug 2013
(MENAFN) In May of this year, loan growth in Kuwait reached its highest since November 2009. Loan growth climbed by 6.4 percent year-on year compared to year-on year in April 2013, Kuwait Finance House report ed.
Personal loan growth and consumer loan growth increased by 12.4 percent and 16.2 percent respectively year-on year in May. Personal loan growth hit USD36.8 billion.
In the same month, construction loan growth was at 11.3 percent year-on year up from 5.5 percent year-on year in April. Meanwhile, real estate loan growth was up by 6.9 percent in May hitting USD25.6 billion.
Personal loans and real estate loans comprise 37.8 percent and 26.2 percent respectively of total loans.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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