KCB: Total loans in 2021 reached KD 400 mln

– Kuwait Credit Bank (KCB) said Saturday that its total loans disbursed in 2021 equaled KD 400 million Kuwaiti dinars (about USD 1.3 billion) with a 23,000 loan requests.

The KCB spokesperson Habari Al-Khashti said that the effectiveness of the bank’s electronic services saved time and effort for citizens, indicating that 99 percent of credit services have become electronic.

She added that the social and real estate loan services which, provided with artificial intelligence technology, allow submitting the loan through automated system without visiting any of the bank’s branches.

Al-Khashti pointed out that with the bank 2020-2025 strategy, it have achieved the goals in digital transformation to provide the best service to citizens while preserving public money.

Source: Kuwait News Agency