Kuwait Finance House – Bahrain announced that it is extending the duration of its promotional campaign offering auto and personal financing with a reduced annual profit rate to a minimum of 4.2 % for personal financing, along with instant initial approval without having to visit a KFH branch.
The promotional campaign launched by the Bank aims at helping clients obtain all their financing requirements while encouraging clients to use KFH Jazeel digital banking services, in line with the Bank’s compliance with the authorities’ directives requesting companies to make use of digital and online services to protect customers and help prevent the spread of Coronavirus (COVID-19).
Commenting on this campaign, Mr. Khalid Al-Maarafi, Executive Manager & Head of Retail and Private Finance said, “In light of the market feedback, the Bank has reduced the annual profit rate of Personal Financing offering a minimum of 4.2% APR and extending the offer period. We constantly strive to launch unmatched promotional campaigns targeting all clients to help cater to their personal needs and support their businesses in line with the Bank’s strategy of providing digital services and easing banking transactions.”
“We also urge all our clients to use our digital banking channels like KFH Jazeel Banking App to perform all their banking transactions and needs, while lowering the need to visit the Bank’s branches keeping in line with Bahrain’s national drive for combatting Coronavirus” added Al-Maarafi.
KFH JAZEEL Banking Application is an integrated digital platform providing clients with all required quality banking services and total solutions, minimizing the need to visit branches and ensuring the protection of all clients. It also includes features that allow clients in the GCC countries to open new accounts, carry out banking transactions and obtain financial services in Bahrain. In addition, it allows clients to easily use and manage their savings accounts, open investment portfolio accounts, apply for credit cards and obtain other banking services.