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Kuwait's Al-I'timaan Signs Loan Deal
Today's date highlights the signing of a cooperation protocol between the Kuwait Credit Bank and the Commercial Bank of Kuwait to enhance digital transformation. The direct electronic connection allows for instant processing of loan transfers and data updates. In August 2026, the bank recorded mortgage loans totaling 18.69 million Kuwaiti dinars, with 34,300 beneficiaries using its electronic services. Meanwhile, the Commercial Bank's profits increased by 3.2% in the first half of the year, reaching 62.28 million Kuwaiti dinars. This reflects the success of digital transformation efforts and improvements in real estate and financial services.
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