Regulation, Risk & Compliance
Uncategorized
Cut loan dues to 5%: Kuwait
MP Fayez Al- Jomhour has proposed adding a clause to Article 28 of Housing Affairs Law number 47/1993, stating that the monthly housing loan payment should be five percent of the borrower’s salary, instead of 10 percent. He clarified that the five percent installment will be calculated based on the…
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