Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 3310

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

A loan granted by a bank. A commercial act by its nature. The reason: it is a banking transaction, whatever its purpose, whether civil or commercial. The consequence. Entitlement to interest for delay in its repayment.
Arabic original
القرض الذي يمنحه البنك. عمل تجاري بطبيعته. علة ذلك: أنه من معاملات البنوك أياً كان الغرض منه سواء أكان مدنياً أو تجارياً. مؤدى ذلك. استحقاق فائدة عن التأخير في الوفاء به.
Original Arabic judgment citations

(الطعن ٧١/٢٠٠٤ تجاري جلسة ٢٠/١٠/٢٠٠٤ مج القسم الخامس - المجلد التاسع ص ٥٣٢)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 559. PDF pages: 559.

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