According to official data from the Central Bank of Kuwait, local banks have financed Kuwaiti imports to the tune of 4.29 billion dinars during the first seven months of the current year (January to July).
Financing Breakdown by Month:
- July: 786.4 million dinars (highest)
- April: 639.2 million dinars
- June: 634.1 million dinars
- March: 632.4 million dinars
- May: 592.1 million dinars
- January: 555.6 million dinars
- February: 456 million dinars
Currency Distribution:
- US Dollar: 81.2% (3.48 billion dinars)
- Other Currencies: 7.24% (311.2 million dinars)
- Euro: 5.9% (254.4 million dinars)
- UAE Dirham: 2.2% (94.5 million dinars)
- Saudi Riyal: 2% (88.6 million dinars)
- Japanese Yen: 0.57% (24.5 million dinars)
- Pound Sterling: 0.49% (21.1 million dinars)
- Swiss Franc: 0.34% (14.7 million dinars)
Type of Financing:
Other Payment Orders: 67.6% (2.9 billion dinars)
Documentary Credits: 26.6% (1.14 billion dinars)
Collection Bills: 5.7% (246 million dinars)
