Kuwait Finance House (KFH) has launched the “You deserve the best financing” campaign to familiarize customers with the financing services and products. This encompasses consumer finance including medical and educational products, furniture and appliances, and housing finance including all materials, construction work, plans, licenses, supervision, and local real estate.
The campaign aims to meet all customer needs through integrated and comprehensive services and financing solutions. It is worth noting that this campaign is an extension of the “You deserve the best financing” salary transfer campaign.
KFH Group Deputy General Manager- Products, Nehal Almosalem said that the campaign confirms KFH's keenness to offer KFH customers exclusive benefits for housing financing, including residential real estate financing, which is one of the main products aiming to provide integrated solutions in line with the needs of customers and the type of property. Moreover, the campaign aims at financing all customers' needs and requirements of materials and construction works in convenient installments, in addition to engineering consultancy services. Other special features of consumer finance include financing services for furniture, electronics, household appliances and their accessories, as well as financing for customers’ educational products to provide seats at relevant institutions in monthly installments. It also provides medical care financing services to cover expenses of treatment.
Almosalem pointed out that KFH offers exclusive benefits at the market level with a selection of suppliers specialized in related fields as well as credit advantages including: maturity of the first installment up to 12 months from the contract for housing financing and 6 months for consumer finance, with the maximum limit for housing financing reaching KD 70,000, and the repayment period of 15 years and up to KD 25 thousand for consumer finance, and a maximum repayment period of up to 5 years. Therefore, customers can obtain financing up to KD 95 thousand, according to the maximum limits for personal finance with salary collateral, with the customer having the possibility of postponing one installment per year with KFH Pass solution, and the opportunity to reschedule the debt in the future.
Almosalem stressed that being keen to provide its services to customers in a distinctive manner and in line with the latest financial technology, KFH launches the digital financing service, which includes processing all paperwork for financing transactions electronically eliminating the need to visit the branch, therefore saving time and effort, and shortening the time of completing KFH customers' transactions, noting that terms and conditions apply.
Almosalem indicated that KFH is determined to meet the needs of customers, enhance cooperation with suppliers through communication channels and extended partnership ties between the two sides. This contributes to improving customer satisfaction and maintaining high levels of service quality.