Commercial Facilities, a Kuwaiti consumer finance company, is in talks to borrow 20 million dinars (Dh264 million, $72 million) this year to help finance its expansion, Chairman Abdullah Al Humaidi said. \"We are discussing with lenders to take new loans of ten million dinars that will be followed by another ten million dinars,\" he told reporters. The loans will be obtained in the second and third quarters, he said. Commercial Facilities, which posted a full-year profit of 14 million dinars compared with 17 million dinars a year earlier, expects net income to grow as much as 17 per cent this year, Al Humaidi said. \"The decline in profit was due to the low interest rate,\" he said. Commercial Facilities sold 50 million dinars of four-year bonds with an interest rate of 1.4 per cent above the central bank of Kuwait discount rate, lead manager NBK Capital said in December.