Kuwait Finance House (KFH) Acting AGM for IT Sector Sami Al-Dekheel mentioned that KFH has offered 12 new technologies last year in various operations that are directly linked to the daily usage of KFH’s clients. He added that such services serve to reinforce KFH’s image as an electronic bank, and that such services will continue throughout the new year, especially after KFH managed to setup the necessary technological infrastructure for many various projects, since such services save efforts and time, in addition to decreasing costs and offering a fast and safe service anytime anywhere. He went on to say that years 2009 and 2010 were pivotal years in reinforcing KFH’s technological status, where it was the first local bank to offer its services on smart cell phones, such as Blackberry, i-Phones, and i-Pads. Such services allowed clients to perform basic banking operations through the cell phones at any time, including the Tamweel Online service on i-Phones. He revealed that such unmatched initiatives were highly demanded and appreciated, which is evident by the fact that the number of users of this service exceeded 22,000 users. He stressed that all KFH services are strictly protected and secured, in order to ensure safe online operations, which allowed the bank to receive many regional and global awards in 2010 in the technological field.

Moreover, he mentioned that KFH has always been a pioneer in such electronic services, since KFH was the first to launch the phone service in 1992, which paved the way for the concept of e-banking. He revealed that KFH continued to expand and diversify its electronic services, while using advanced security programs in that field. In the new millennium, KFH has over 150 services accessible through kfh.com, in addition to the SMS service, which made KFH’s website a banking reference for all those interested in Islamic banking services. In 2001, KFH launched the Fax on Time service, which led to further electronic services.