71 Days
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Al-I'timan signs deal with Al-Tijari for 18.7m dinars
The Kuwaiti Credit Bank announced the signing of a cooperation protocol with the Kuwaiti Commercial Bank aimed at linking their technical systems. This is intended to facilitate direct transfers for the loans the bank grants to citizens. The goal of this collaboration is to synchronize data instantly and send automatic notifications to beneficiaries, in order to enhance digital transformation, reduce reliance on paper documents, support financial inclusion, and promote electronic payment methods. As of August 2026, the value of the bank’s granted real estate loans reached 18.69 million Kuwaiti dinars, while the number of beneficiaries of its electronic services totaled 34,300. The bank also indicated that its profits increased by 3.2% in the first half of 2026, reaching 62.28 million dinars.
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