KFH signs agreement with Hassan Abul Co to offer exclusive benefits for customers
KUWAIT: Kuwait Finance House (KFH) has signed a cooperation agreement with Hassan Abul Company, offering financial benefits and solutions to its participating customers who wish to obtain financing for building materials. This comes as part of KFH’s efforts to serve its customers and support the capabilities of national companies operating in the market, expanding its role in the field of housing and consumer finance, along with enhancing its market share as one of the largest and most important supporters in this field.
Executive Manager Personal Finance Products at KFH Adel Ahmed Al-Rashood said in a press release after signing the agreement with Hassan Abul Company. Under the agreement, KFH will provide appropriate financial services and solutions for those wishing to purchase materials and supply services from Hassan Abul Company which has a long history in this field. This will be carried out in accordance with the bank’s credit controls and special sales policy through the system of installments without profits, that allows customers zero interest for the duration of the transaction.
Managing Director at Hassan Abul Company Bader Bushehri praised the cooperation with “KFH”, saying that it confirms the bank’s important role in stimulating the market and supporting the sales of traders. He added also that the collaboration with KFH serves the national economy, various segments of customers and meets their needs. Bushehri pointed out that “Hassan Abul Company” is happy with this cooperation, which will be the first step in a much broader cooperation in new fields and products to serve customers of KFH and Hassan Abul Company.