Kuwaiti central bank tells lenders to postpone customer dues for six months

The move, part of various measures by the central bank in response to the coronavirus crisis

  
Close-up of Kuwaiti bank notes (toned). Image used for illustrative purpose.

Close-up of Kuwaiti bank notes (toned). Image used for illustrative purpose.

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KUWAIT- Kuwait's central bank on Sunday instructed banks to postpone amounts due from coronavirus affected customers for six months without applying any penalties, it said in a statement.

The move, part of various measures by the central bank in response to the coronavirus crisis, extends a previous directive in March which stipulated a three month postponement. The six month window runs from March to September.

(Reporting by Ahmad Hagagy; Writing by Lisa Barrington; Editing by Alexander Smith) ((lisa.barrington@thomsonreuters.com;))