Commercial Bank of Kuwait review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Commercial Bank of Kuwait is a Kuwaiti bank you deal with directly, so an APR of 6.5% sits well below what many comparison sites show. It suits people in Kuwait funding a car, a home purchase or a renovation, with fixed rates and free early repayment.

Key facts

Best for
A fixed-rate car, home or renovation loan handled by a single bank in Kuwait.
APR
6.5% (Source, checked September 26, 2026)
Loan amount
KWD 1,000 to KWD 25,000 (Source, checked September 26, 2026)
Term
12 to 60 months (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Ages 21 to 69 for Kuwaitis and 59 for non-Kuwaitis; minimum salary KD 400 (Source, checked September 26, 2026)
Loan types
Personal, Car, Secured (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Commercial Bank of Kuwait (Source, checked September 26, 2026)
Headquarters
Kuwait (Source, checked September 26, 2026)
Founded
1960 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
cbk.com

Mortgages

Initial rate
6.5% (Source, checked September 26, 2026)
Fixed period
2 to 15 years (Source, checked September 26, 2026)
Purpose
Purchase (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Commercial Bank of Kuwait (Source, checked September 26, 2026)
Headquarters
Kuwait (Source, checked September 26, 2026)
Founded
1960 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipedia

Pros and cons

Pros

  • Dealing with the bank direct means the rate you are offered is a fixed rate that holds for the whole term.
  • Free early repayment, so clearing all or part of the balance sooner costs nothing extra.
  • Loan sizes run KWD 1,000 to KWD 25,000 over terms of 12 to 60, which suits a car or a renovation.
  • Home purchase lending starts at an initial rate of 6.5% and can hold it for 2 to 15.

Cons

  • Lending is fixed-rate only, as fixed rate shows, so there is no variable option to chase if market rates fall.
  • Support runs on phone and help centre only, so a phone call and a help centre question cover every enquiry.
  • The KWD 1,000 to KWD 25,000 ceiling suits a car or a renovation, not a full house purchase, which needs the housing loan.

Ready to try Commercial Bank of Kuwait?

Scored 9.2 / 10 by BorrowCue.

See alternatives

Who it suits

  • Adults in Kuwait with a regular salary who want a car, a home purchase or a renovation loan.
  • People who want the rate fixed for the whole term and the option to repay early at no extra cost.
  • Borrowers who prefer the same institution from application through to repayment.

Who should look elsewhere

  • Anyone who wants a revolving credit line rather than a fixed loan, where Monzo Flex quotes 10% to 23%.
  • Borrowers shopping for interest-free terms, since Cashspace ES lists an APR of 0%.

Who runs it

Commercial Bank of Kuwait is the legal entity on the loan, based in Kuwait and founded in 1960. It lends in a single market, so your application, your rate and your repayments all sit with a single bank rather than a broker or a comparison site. Help runs on phone and help centre, which means a phone line and a written help centre question are the ways in.

How Commercial Bank of Kuwait compares

Where Commercial Bank of Kuwait is available

Available
Kuwait

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate would I pay?+

Personal, car and secured loans run at a fixed rate with an APR of 6.5%. Because the rate type is fixed, the figure holds for the whole term, so your monthly payment does not drift when market rates move. Housing lending starts at an initial rate of 6.5% for a fixed period of 2 to 15.

How much can I borrow, and for how long?+

Loan sizes run KWD 1,000 to KWD 25,000 and terms run 12 to 60, which fits a used car, a kitchen refit or a bridging purchase. That is a personal and car ceiling rather than a mortgage amount. For a house purchase the housing loan is a separate product with its own initial rate and fixed period.

Can I repay early without a charge?+

Free early repayment is available, so if your income rises or a windfall arrives you can clear all or part of the balance with no extra fee. On a fixed rate that flexibility is worth having, and it is a common feature: 81.2% of the brands on this site offer it too.

Who can apply?+

Eligibility sets a minimum age and a minimum salary, with Kuwaitis and non-Kuwaitis on different age limits. Applicants also need a regular income to meet the monthly instalment on a loan of 12 to 60. Age, salary and employment checks are applied before the fixed rate is confirmed.

Who am I actually dealing with?+

You are dealing with the bank itself, the legal entity Commercial Bank of Kuwait, founded in 1960 and based in Kuwait. It lends direct rather than through a broker, so the rate on your offer, 6.5%, is the bank's own fixed rate and you can ask the bank about any charge before you sign.

How do I get help once I have an account?+

Support runs on phone and help centre, so a phone call and a help centre question are the routes in. That is a narrower channel list than most comparison sites show, so keep a note of your reference number and repayment dates in case the call does not connect first time.

Is this cheaper than other lenders?+

The APR of 6.5% sits well below the 12% typical of the personal loans tracked here, so the rate is cheaper than the middle of this market. That matters over a term of 12 to 60, where a small rate difference turns into a visible amount by the end.

Can I use it for a home renovation?+

Home improvement is a listed use for the lending, so a renovation can be financed on the same fixed rate of 6.5% rather than on a home purchase rate. The KWD 1,000 to KWD 25,000 range and 12 to 60 terms still apply, and free early repayment means you can stop payments if the work finishes early.

Sources

  • en.wikipedia.org/wiki/Commercial_Bank_of_Kuwait checked September 26, 2026

    Backs: Founded

    “The Commercial Bank of Kuwait, (known as Al Tijari, commercial) was established on 19 June 1960”

  • cbk.com checked September 26, 2026

    Backs: Headquarters, Legal entity

    “Commercial Bank of Kuwait Address P.O BOX 2861 SAFAT 13029 KUWAIT”

  • cbk.com/Personal-Banking/Loans checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Free early repayment, Lender type, Loan types, Pricing model, Rate type, Support channels, Term, Use cases

    “25 times your salary, a minimum of 1,000 KD up to 25,000 KD.”

  • cbk.com/Personal-Banking/Loans/Housing-Loan checked September 26, 2026

    Backs: Fixed period, Initial rate, Purpose

    “Durations start at 2 years and extend up to 15 years”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee, Credit check, Funding time, Representative example.

Commercial Bank of Kuwait

A fixed-rate car, home or renovation loan handled by a single bank in Kuwait.

9.2/10See alternatives

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