Islamic Finance

Kuwait shuts banks to curb spread of COVID-19

The Kuwait Banking Association said on Wednesday (Mar 11) that all banks in the country will shut from Mar 12 and reopen on Mar 29.

The decision is in line with the Kuwaiti government's efforts to curb the spread of the COVID-19 and suspend work in government departments for the same period. 

KBA said only one branch of every bank will remain open in each of the country's six governorates.

Banks will continue to offer electronic services, including local and international money transfer, and ATM machines will be supplied with cash.

Kuwait had 69 confirmed cases of the COVID-19 as at Mar 11, according to World Health Organisation data. 

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