------------- -------------- ------------------- -------------------
Tuesday , November 24 2020

Banks want purchase receipts – Truth in lending

KUWAIT CITY, Sept 26: Banks have instructed citizens and expatriates, who obtained loans, to submit receipts reflecting usage of the loan amount, reports Al-Shahid daily quoting sources.

Sources explained the decision shall take effect on the first of October, stressing the banks will take legal action against those who will not comply.

Sources said the total amount of loans reached KD 11 billion, warning that Credit Information Network (Ci-Net) will blacklist all those who will not submit the invoices.

Check Also

80% of people in Kuwait own bank accounts

KUWAIT CITY, April 25: About 80 percent of the total population of 4.7 million in …


You have installed adblocker kindly disable
or

whitelist www.arabtimesonline.com

 

 

 

google_ad_client = "ca-pub-8308202338490872"; google_ad_slot = "1434619060"; google_ad_width = 650; google_ad_height = 170;

google_ad_client = "ca-pub-8308202338490872"; google_ad_slot = "5013570411"; google_ad_width = 630; google_ad_height = 270;

Translate »