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SMEs Rescue Program

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 .

Steps required to complete the application:

  • Fill and submit all the required forms and documents mentioned under (Forms and Supporting documents) section
  • Customer request form should be signed by Authorised Signatory
  • Send an email to, and attached all the forms and supporting documents required with PDF format (in case the attachments are too large, send the attachments in several emails)
  • Please ensure that the email body contain the following information:
    • Company name in the subject and the body of the email
    • Total funding requirements
    • Purpose of the funding
    • Contact details of the company legal officials

Terms & Conditions

Subject to the terms of the SME definition mentioned in the Executive Regulation of The National Fund for SMEs Development & Law no. (2) of 2021:

  • Sales (up to): KD 1,500,000
  • Assets (up to): KD 500,000
  • Employees (up to): 150
  • Enterprise must be independent and not a subsidiary of another legal entity

The financing is limited for the purposes defined under the law 2/2021 and its executive bylaws , and in all cases the finance shouldn’t be used for Speculation or Trading in Real Properties or Securities or for Settling outstanding liabilities towards other Banks and Financing Entities .

Supporting Documents

  • Memorandum of Association
  • Memorandum of Amendments
  • Commercial Registration
  • Valid Commercial License
  • Valid Owners Civil ID & Passport
  • Chambers of Commerce & Industry Certificate
  • Latest Audited Financials (2 years)
  • If the entity is newly established and has not completed their fiscal year until the date of entry into force of law 2 of 2021, unaudited financials to be submitted for the operating period including Contracts and supporting documents
  • Latest Company Prepared Financials (6 months old)
  • Latest Company prepared financials for Emerging Enterprises and Entities that does not issue audited financials which including their operating results preceding to March 2021
  • Statement of future projections (Anticipated monthly Cash flow covering period decided by the bank)
  • Rental Agreements with proof of regular rent payments for 3-months preceding to March 2021
  • Staff Salaries Record with proof or regular salary payments for 3-months preceding to March 2021
  • Statement of contractual liabilities of operational expenses such as salaries, rent, etc
  • National Manpower statement issued by the authority as of 31/12/2019 and required ratio as on 31/12/2021
  • Signed customer delegation for the purpose of CI- net investigation
  • Other Supporting Documents

The above supporting documents are requirements; any missing documents might delay and hinder your application. All documents to be attached with the email.

The above forms to be downloaded, filled, signed and send as an attachment to the following email