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Kuwait banks create ‘grey list’, tighten expatriate lending as job security becomes key credit factor

Job security and employer strength are increasingly being considered alongside salary and credit history when banks assess expatriate borrowers; some lenders require expatriate borrowers to earn at least 400 dinars per month, while others set the minimum at 600 dinars. Years of service have become an increasingly important credit factor. Expatriates with stable employment, a … The post Kuwait banks create ‘grey list’, tighten expatriate lending as job security becomes key credit factor appeared

TI
Originally published byTimes Kuwait 17h ago · timeskuwait.com
Read full story at Times Kuwait

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