Burgan Bank Extends Banking Facilities to Support individuals, Small and Medium-Sized Enterprises (SMEs) and the Economic Entities Negatively-Affected by COVID-19 due to the exceptional work conditions that have been taken precautionary. These facilities are in accordance with the regulatory framework developed by the Central Bank of Kuwait ("CBK").
To apply for Finance, the owners of Small and Medium Enterprises, Start-up companies, and Handicraft Establishments are kindly requested to download and fill in the forms attached herewith.
Conditions to be met for Small & Medium Enterprises (SMEs) (including but not limited to):
Terms and Conditions stipulated in the Economic Package (including but not limited to):
The below table summarizes the cost of finance of the negatively-affected client:
Occurred Interest/profit due to lending
First Year (Grace Period)
Fully covered by the state’s general budget
Second Year (Grace Period)
The state’s general budget covers 90%, while the client covers 10%
The state’s general budget covers 80%, while the client covers 20%
Fifth to Tenth Year
Fully covered by the client
For further details on the terms and conditions of the program,