KFH, KCB sign protocol agreement for e-payments
Kuwait Finance House (KFH) and Kuwait Credit Bank (KCB) have signed a protocol agreement for electronic payments, where KFH customers can pay their installments to KCB through KFH website. This facilitates banking transactions for KFH customers that benefit from KCB services.
KFH Group CEO, Mazin Al-Nahedh and Vice-Chairman and Director General of KCB Salah Al-Mudhaf signed the agreement at KCB’s headquarters in the presence of officials from both sides.
Al-Nahedh indicated during the signing ceremony, that KFH spares no efforts in providing the best services to its customers to conduct their transactions with the KCB in a secure and streamlined manner. This includes electronic payments and other banking transactions that saves customers’ time and efforts.
He added that KFH collaboration with the KCB reflects the bank’s keenness to strengthen cooperation with the government and official institutions, which solidifies the key role of the private sector in the comprehensive development and boosting the economy.
Al-Nahedh said that KFH is keen on adopting the latest technology in efforts to develop processes and enhance service quality. Meanwhile, Al-Mudhaf praised the positive collaboration with KFH, expressing his thanks and appreciation to the bank in recognition of its efforts in implementing the electronic connectivity, while beating odds for the best interest of citizens.
He said that KFH enjoys huge client base, and most of the KCB’s customers prefer KFH, indicating KCB aims at expanding the network with local banks which affirms the confidence in the private sector and its major role in the development. KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.
KFH manages its operations in the GCC, Asia, and Europe through over 480 branches, including KFH-Turkey, in order to offer services for the bank’s clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, Jordan and Dubai. KFH’s mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH’s vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.