Kuwait’s Central Bank Is Said to Extend Virus Relief Until June
Policemen enforce the early closure of shops at a mall in accordance with government-imposed Coivd-19 restrictions in Kuwait City on Feb. 10.
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Kuwait’s central bank has extended until the end of June the support measures it introduced last year to help lenders cope with the coronavirus pandemic, according to people familiar with the decision.
The amendments will be reviewed by the central bank’s board of directors to decide if another extension is needed beyond June or whether the requirements should revert to their pre-crisis levels, the regulator told lenders in a circular seen by Bloomberg and confirmed by the people. They declined to be identified discussing confidential matters.