Mubasher: Mortgages in Kuwait went up 1.5% quarter-on-quarter, and 5.2% year-on-year, during the first quarter of 2019, recording KWD 10.3 billion ($33.9 billion) in Q1-19.
Instalment credit facilities rose 32% YoY to KWD 11.8 billion ($38.9 billion) in the first three months of 2019, according to a report released by Kuwait Finance House (KFH).
Mortgages in the GCC country levelled up 1% QoQ, 5.3% YoY, to KWD 22.2 billion ($73.2 billion) in Q4-19.
Mortgages, women loans, and grants provided by KFH reached KWD 52.6 million ($173.5 million) in January and February.