Kuwait Finance House (KFH) announced offering new services for its clients in Kuwait, in order to take advantage of the operations and banking services found in KFH’s overseas branches. Such services will be available in Bahrain and Malaysia as a first step, and then Turkey during the coming period.
KFH’s CEO Mohammed Al-Omar stated that the new service will allow its clients in Kuwait to withdraw cash from their KFH accounts in Kuwait, in addition to make money transfers among banking accounts, foreign currency exchange, and services related to ATM and credit cards. He mentioned that KFH seeks to accomplish several strategic goals, such as allowing KFH clients to take advantage of the bouquet of banking services and products, standardizing the quality level among KFH’s branches and subsidiaries in Kuwait and overseas, and to remain close to clients while they travel. He went on to say that clients deserve to reap the benefits of global and local expansion, and explained that the cash withdrawal service overseas has advantage over the current ATM machines, since it is limited to a ceiling regarding making cash withdrawals from clients’ accounts.
Moreover, he said that the aforementioned bouquet of services is linked to another group of additional services, such as issuing payment orders and collecting banking cheques. He noted that such services will be developed to meet all requirements of KFH clients overseas, and explained that clients should go to one of KFH’s local branches and submit the passport and visa.
It is worth noting that KFH has 52 branches in Kuwait, nine branches in Bahrain, eight branches in Malaysia, and 145 branches in Turkey. KFH serves as a financial and economic bridge that links Kuwait and the gulf markets to the Turkish market. In addition to that, KFH received positive rates from prestigious rating agencies and global awards in various fields, such as client service, major deals, and the usage of advanced technology.