First Abu Dhabi P.J.S.C – Kuwait Branch is pleased to announce the SME’s Rescue Program as per the framework set by Central Bank of Kuwait based on Law no. (2) of 2021 to rescue SME’s negatively impacted by COVID-19 pandemic.
To apply to this program, all the below parameters must be applicable to the Company/Entity to be eligible for funding. Eligible enterprises are including 1) that are operating effectively prior to the COVID-19 pandemic and that are not in default to any bank as of 31/12/2019 , 2) Emerging enterprises that are not completing their first financial year at the effective date of law 2/2021 and were incorporated as per law 1/2016 concerning commercial entities .