Kuwait Times

Capital Governor visits Kuwait Credit Bank

- By Faten Omar

KUWAIT: Capital Governor Lt Gen Thabit AlMuhanna visited Kuwait Credit Bank yesterday in Kuwait City along with a delegation of seven regional mayors. Muhanna was received by Minister of State for Housing Affairs and Minister of State for Utilities Affairs Yasser Abul and the Director General of Kuwait Credit Bank Salah Al-Mudhaf. The bank’s spokeswoma­n Habari Khashti said the visit aimed to inform the governor and the mayors about the work mechanism of the bank, the services it provides and the developmen­t witnessed in providing services electronic­ally online.

She said Mudhaf accompanie­d the delegation on an inspection tour of various department­s and sections of the bank to learn more about real estate, social and portfolio loans - from the submission of the loan’s request, the audit, completing the necessary documents and the engineerin­g disclosure on the coupon or property to transfer the loan to the beneficiar­y citizen’s bank account.

Khashti stressed that the bank’s management pays great attention to youth and always seeks to overcome all difficulti­es and get over the obstacles that stand in their way. He noted they were and are still at the heart of all the plans and strategies set by senior management to support and provide them with expertise to qualify them for the future.

Meanwhile, Mudhaf briefed the delegation during the tour on the qualitativ­e shift made by the bank in recent years, and included significan­t changes to the bank’s transforma­tion into a modern institutio­n that keeps pace with the latest developmen­ts in e-government applicatio­ns. The largest and most extensive electronic linking operation between the bank and relevant institutio­ns and bodies has been completed to save the time and effort of the client.

Mudhaf confirmed that the bank is in the forefront of government institutio­ns that initiated the applicatio­n of law no. 20 of 2014 on electronic transactio­ns, where the citizen can access services as soon as he signs in with his electronic signature. He explained that the modernizat­ion process was not limited to the technical aspect, but included the developmen­t of many of the bank’s regulation­s, especially the lending list, in order to facilitate lending procedures and reduce the documentar­y cycle.

He referred to the project of maintenanc­e and developmen­t of the headquarte­rs building that was completed, as well as the developmen­t and maintenanc­e of the Granada branch which is currently being implemente­d in full swing and is due to be launched in 2020. He explained that all these projects are part of the expansion of the bank in order to reach the citizen wherever he is, and also provide more job opportunit­ies to newly-graduated Kuwaiti youth. Muhanna praised the work mechanism of Kuwait Credit Bank, and asked the mayors to take the bank as a great example of developmen­t by adopting the latest technology.

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