Private deposits saw a large KWD
453 million decline in July.
Household borrowing saw a relatively strong month, adding KWD
96 million, but growth eased to 11.
The daily CBK exchange rates bulletin said the rate was also stable at KWD
As a result, oil revenues are expected to drop by 24 per cent to KWD
Household debt (personal facilities ex-securities) was up a strong KWD
138 million, though growth continued to ease to 12.
As of September 30, 2014, the Bank's total assets grew at 31 per cent to reach KWD
Household debt (personal facilities excluding loans for the purchase of securities) was up a strong KWD
140 million, with growth up to 12.
The Yawmi Account now offers daily and quarterly draws, the quarterly draw requires customers to maintain a minimum amount of KWD
500 in their account for two months prior to draw date.
ABK reported total assets growing by 19 per cent to KWD
Household debt (personal facilities ex-securities) was up KWD
58 million, with y/y growth easing to 13.
In a statement to the local bourse, Kuwait-based Al Madina For Finance and Investment reported that it has agreed with Boubyan Bank to settle a debt of KWD
10 million ($35.
The sixth issue of the KWD
banknotes includes the most advanced security measures such as innovative printing processes, colour changing features and visual elements that become visible upon tilting the banknote.