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CORPORATE BANKING


COVID 19 Corporate & SME Support Program

Al Ahli Bank of Kuwait (ABK) is pleased to announce its support program to assist SMEs and Corporate Banking customers affected by the repercussions of Covid-19. This program is in line with the framework set by the Central Bank of Kuwait and the Kuwait National Fund (KNF), based on the instructions of the Government of the State of Kuwait.

To apply for the finance program, kindly download and fill in the forms below, and send the required documents in a zip file format of a maximum of 15 MB) to: Abksmeloanprogram@abkuwait.com

To be eligible to apply for the economic package the below criteria must be met:

  • The products or services offered by the entity must be of added-value to the national economy and have capabilities to create job opportunities for national employment
  • The entity must have maintained the existing national employment and have a clear plan to reach the Kuwaitization legal ratio by the end of 2021
  • The primary operating account must be with ABK
  • The business must have been profitable during the period prior to the Coronavirus pandemic
  • The entity must belong to one of the sectors that were partially or totally affected by the precautionary measures taken to prevent the spread of the Coronavirus pandemic in the country
  • The entity should not have defaulted on payments to any bank, financial institution in Kuwait or KNF
  • No profits to be distributed during the term of the loan

Further terms and conditions can be found in the CBK circular.

For more details, please contact:
SME Unit

Tel: +965-22906844
Click here to send an Email


Download COVID 19 Corporate & SME Support Program Forms