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Legal Perspectives On Palestine And Kuwait's Firm Stance Against Normalization With Israel - ARAB TIMES

Legal Perspectives On Palestine And Kuwait's Firm Stance Against Normalization With Israel - ARAB TIMES
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Law streamlines loans payment - ARAB TIMES


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KUWAIT CITY, April 15: The official gazette Kuwait Today published a law which talks about financial obligations owed by citizens to banks in the form of installments, reports Al-Anba daily. In its first article the law stipulates the payment of financial obligations to those citizens who wish to do so, and the second article allows the postponement of the payment of consumer and installment loans to local banks, investment companies and financing companies subject to the supervision of the Central Bank for those eligible citizens who wish to do so under the supervision of the Central Bank of Kuwait and as the conditions and controls put in place by the provisions of this law. ....

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