Kuwait Finance House (KFH) has launched (We meet your financing needs) campaign with the aim of meeting all financing needs of KFH customers from consumer and housing products. The campaign covers medical, education, furniture, appliances, materials, construction works, designing, licensing, and supervising as well as financing of local property. The campaign also includes commercial financing against collaterals, financing for the purchase of new or used cars, operating lease, boats and land and marine equipment. It also covers a variety of financing solutions that will provide the customer with comfort and peace of mind.

KFH Executive Manager Personal Finance Products, Adel Ahmed Al-Rashood said that the campaign reflects KFH’s keenness to offer its customers exclusive benefits in housing finance such as real estate financing, which is considered one of the main features that aims at providing a comprehensive solution in line with customer’s demands and type of property, in addition to financing all housing-related needs from materials to construction works through easy instalments.

For consumer finance, he added that the campaign offers other exclusive benefits such as financing services that cover the purchase of furniture, electronics, home appliances (ready or manufactured) and their accessories. Moreover, KFH provides education finance to help customers achieve their ambitions by covering education expenses through monthly instalments, in addition to offering customized medical finance that would cover expenses of treatment and medical services. Among other KFH services is the financing against cash collaterals by booking fixed deposits or the customer's saving account in line with Sharia-compliant principles.

Al-Rashood stated that the campaign will continue until end of September 2022, offering the best and biggest market-wide benefits with selected suppliers in related fields, in addition to credit benefits that include: First instalment for housing finance is due after 12 months and 6 months for consumer finance, a housing finance limit up to KD 70 thousand with a credit duration up to 15 years, consumer finance limit up to KD 25 thousand with a credit duration up to 5 years with the possibility of postponing the instalment payment and rescheduling the debt in any of KFH branches across Kuwait.

He noted that “the campaign includes car products with valuable benefits such as financing the purchase of new or used cars, operating lease, financing the purchase of boats, land, and marine equipment. In addition, KFH customers can purchase their vehicles in Kuwait and receive them in any of the four countries (U.S.A, Egypt, Jordan, Türkiye) in cooperation with authorized suppliers and with convenient terms and suitable financing advantages. Also, KFH offers cars and boats finance against cash collateral.”

Al-Rashood stressed that the digital finance application service which covers all paper-based financing transaction is an actual translation of KFH’s continuous efforts to provide its customers exceptional services. He added that the digital service can be activated using the PACI self-service Kiosks available in the following branches: Fahad Al-Ahmad, Al‑Sabahiya, Saad Al-Abdullah, Hateen, Fintas, Salwa, Abdullah Al-Mubarak, Rehab, Faiha and Andalus. The customer is able to apply for a financing request at any stage in a fully automated process without the need to visit the branch, saving large amount of time and effort.

Al-Rashood mentioned that the campaign supports the market by increasing sales and meeting customers’ needs. The campaign also enhances KFH’s extended partnerships with suppliers and improves service levels in a way that would meet customers satisfaction and push the national economy forward.