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In the news..
KFH Opens New Banking Horizons in One of Europe's Most Prominent Markets
Kuwait Finance House (KFH) has launched a new service enabling customers to open a bank account in Germany via the KT Bank AG app. This move reflects the bank's commitment to advancing digital product offerings, maximizing value for customers across its Group network, and expanding engagement with a broader client base. Commenting on the initiative, KFH Deputy General Manager Products, Nehal Al-Musallam revealed that the new service enables customers to access all banking services provided by KT Bank AG entirely through the bank’s app. "Users can begin banking immediately following a fully digital account opening and activation process, eliminating the need to travel to Germany or visit any of the three KFH Group Service Centers in Mishref, Al-Khalidiya, or Al-Qairawan. This saves customers time and effort while delivering a seamless, hassle-free, and fee-free digital experience," she said. Al-Musallam added that the new service opens vast new horizons for varied financial solutions in one of Europe’s most prominent financial markets. After opening an account, customers can benefit from fee-free transfers across Europe and request a debit card directly through the app, alongside a diverse range of other distinguished banking and investment services provided by KT Bank AG. She noted that this service aligns with KFH Group’s strategy to drive integration across its subsidiaries and reinforce a unified vision, offering customers a more seamless and flexible banking experience. It also builds on the Group's expansion by delivering premium services in collaboration with KFH-Turkey, KFH-Egypt, and KT Bank AG. Service Centers It is worth noting that KFH recently opened three Group Service Centers at its Mishref, Al-Khaldiya, and Al-Qairawan branches. Serving both KT Bank AG and KFH-Egypt customers, these centers advance KFH’s goal of integrating its group units to deliver seamless banking services within Kuwait.
KFH a Strategic Partner of AlSaheed Adventures
Kuwait Finance House (KFH) announced its strategic partnership with TAS Entertainment to officially sponsor the inaugural season of "AlShaheed Adventures" in Phase 3 of AlShaheed Park. The partnership aligns with KFH's efforts to strengthen cooperation with official entities, support Kuwaiti youth projects, and help develop Kuwait's tourism and entertainment sectors. This partnership reflects the bank's corporate social responsibility and a shared vision to invest in national potential while supporting high-quality projects that boost tourism, fulfill community aspirations, and offer diverse choices for youth, families, and all societal segments. Empowering Youth and National Partnerships Head of Group Public Relations and Media at KFH, Yousef Abdullah Al-Ruwaieh said: “We are proud of our strategic partnership with AlShaheed Adventures. This initiative serves as a model for leading community and national projects in tourism while supporting entrepreneurship and empowering Kuwaiti youth, a key pillar of our social responsibility strategy.” Al-Ruwaieh emphasized KFH's ongoing commitment to supporting sustainable development, the economy, and SMEs, aligned with Kuwait's development goals and Vision 2035. He affirmed that KFH consistently supports national and community initiatives, empowering young Kuwaiti talent and advancing impactful tourism and entertainment projects. He added that such partnerships exemplify effective public and private sector integration. He noted that KFH’s sponsorship of AlShaheed Adventures highlights its commitment to premier events that create memorable experiences for the public while strengthening Kuwait’s status as a top tourism and entertainment hub. New Experiences set Kuwait as Tourism Destination Meanwhile, Senior Manager PR and Event Management at KFH, Fahad AlSaad said: “Through this partnership, KFH is offering exclusive ticket discounts for AlShaheed Adventures while officially sponsoring the ski slope and snow village. This allows us to connect with the public and provide our customers with unique, seasonal experiences.” Supporting Youth: An Ongoing Commitment AlSaad emphasized that supporting AlShaheed Adventures reflects KFH's ongoing commitment to empowering Kuwaiti youth and innovative projects, rooted in its leading community role. The Bank also supported the entertainment sector through a three-year strategic partnership with the Touristic Enterprises Company for Kuwait`s Winter Wonderland, hosting events, activities, competitions, and giveaway prizes throughout the season. Additionally, KFH advances its social and environmental commitment through the "Keep it Green" campaign, an overarching initiative that drives programs to build environmental awareness, promote sustainability, and expand green space. Investing in National Expertise to Develop Entertainment TAS Entertainment CEO, Tariq Alomar said: “We are proud to partner with KFH, demonstrating the power of investing in local talent to enrich quality of life and boost tourism. Beyond offering outstanding entertainment, TAS aims to help build an advanced, world class sector driven by Kuwaiti leadership.” For her part, TAS Entertainment Chief Operating Officer, Fatima AlSaqabi explained that the partnership marks a major milestone for the project, stating: "We are proud of KFH's confidence in our team and capabilities. Great achievements happen when vision aligned institutions combine their strengths, with each party bringing complementary value. This partnership demonstrates what happens when experience, trust, and resources align around a shared national ambition." She added that AlShaheed Adventures reflects a growing movement to elevate local entertainment and build professional business models capable of delivering high-quality experiences regionally. AlShaheed Adventures: A New Destination for Fun and Entertainment AlShaheed Adventures is Kuwait's newest entertainment destination, located within the Phase 3 expansion of AlShaheed Park—a national project affiliated with the Amiri Diwan. It brings a variety of attractions under one roof, featuring a snow village, trampoline park, ice rink, and go-kart track tailored for youth, families, and adventure seekers. This new expansion adds a dynamic dimension to the AlShaheed Park visitor experience, offering a modern space that combines entertainment, physical activity, and adventure.
KFH warns of fraudulent online messages impersonating official authorities for financial scheme
In line with its efforts to support Diraya campaign, Kuwait Finance House (KFH) has warned of fraudulent messages impersonating official authorities. The messages contain misleading information of outstanding fines and penalties, and request payment via electronic links attached to the message. The Bank urges customers to ignore such messages and not to click on any links within them or provide any personal or financial information. The Banks also reaffirm that penalties and fees are paid through official channels only and responding to suspicious messages may expose customers to electronic fraud and the loss of their money. Impersonating official authorities KFH highlighted the dangers of responding to unknown messages disguised as official authorities and requesting fines payment, noting that State authorities do not request data update or pay fines via unknown links. New fraud methods Fraud methods are progressing continuously according to KFH, where it depends on convincing methods to trap their victims by creating a state of psychological pressure to pay or threatening legal actions if the transaction is not done immediately. These fraudulent messages also include suspicious electronic links directing the victim to fake websites designed to steal personal data and financial accounts, most of which are outside Kuwait. Awareness: the first line of defense Moreover, KFH reassures that awareness and vigilance are the first line of defense in combating electronic fraud, urging customers and the public not to respond to any unknown messages that request payment or personal or banking data via suspicious links. The Bank also urges customers to report any shady messages and not to share any banking or personal information under any circumstances. KFH also emphasized its commitment to progressing its role in promoting banking and digital awareness among customers and the community, stemming from its responsibility to protect its customers and help them to recognize advanced fraud methods. Additionally, the Bank noted that fraudsters occasionally exploit the names and logos of official entities to legitimize their crimes. KFH advises customers to verify the source of a message and avoid clicking on suspicious links to prevent falling victim to fraud. KFH stressed the need to combat fraud by increasing financial awareness and vigilance, and refraining from sharing any confidential information related to personal cards, OTP, or bank card passwords, whether by phone, email, or any other means, reconfirming that KFH does not request its customers to share or update their financial data via phone, email, or text message. Diraya campaign It is worth noting that KFH remains committed to supporting Diraya awareness Campaign since its launch by the Central Bank of Kuwait (CBK) and Kuwait Banking Association (KBA). The Bank is keen to place customer security at the top of its priority, reflecting its success in promoting digital and banking awareness and achieving safe digital transformation in sustainable secure environment. KFH continues to implement purposeful initiatives aimed at raising awareness across all segments of society. The Bank posts financial awareness content on its social media platforms and digital channels that showcases the latest services and products.
KFH Concludes the Third Edition of KFH Academy
Kuwait Finance House (KFH) has concluded the third, upgraded edition of KFH Academy, which offered a comprehensive training experience combining theoretical knowledge and practical application. The program provided a professional model for qualifying Kuwaiti youth within a leading banking environment across diverse tracks, including Public Relations and Media, Digital Transformation and Innovation, and Business Administration. Over three weeks, 28 participants created a final project summarizing and reflecting on their experience. Each track presented its project at the program's closing and recognition ceremony in the presence of several KFH leaders. This edition builds on last year's successful second edition of KFH Academy by expanding training and adding tracks for a broader group of university students and recent graduates across various disciplines, reflecting KFH's commitment to empowering young national talent. Youth Empowerment In his address delivered during the recognition ceremony, Executive Manager HR Planning and Center of Excellence at KFH, Abdulaziz Almathkoor, said: "At KFH, we are pleased to continue our unwavering commitment to empowering young national cadres by offering the best specialized training programs, which open broad horizons for students and recent graduates to develop their skills and prepare for the job market with confidence and knowledge." He added that KFH Academy's upgraded edition continues previous successes in line with the best international training standards, as KFH sought to expand training by adding vital tracks in Public Relations and Media, Digital Transformation and Innovation, and Engineering Projects to fulfill the aspirations of more students from diverse disciplines. Almathkoor noted the program was designed to top global training standards, blending a rich theoretical learning experience with practical real-world application in professional banking. It also included specialized field visits and intensive workshops with KFH partners across public and private sectors. He further said:"KFH considers investing in people its smartest choice, with building an empowered, conscious, innovative generation serving as the foundation for sustaining its success as a leading financial institution." An Integrated Experience Meanwhile, Senior Manager of Public Relations and Events at KFH, Fahad AlSaad, explained that KFH Academy program was designed specifically for ambitious youth. He noted that the program delivers integrated training and a valuable chance to nurture young talent across various tracks within a professional environment at Kuwait’s largest bank and the world's second-largest Islamic bank. AlSaad stated that the program blends theory and practical application, featuring field visits, KFH Capital training, and workshops with strategic partners like Boursa Kuwait, Coded Academy, and Kuwait Times. AlSaad noted KFH organized the program driven by its social responsibility and leading role to support, empower, and optimally invest in youth potential, honing their skills to become future leaders. AlSaad emphasized that the participants' commitment, seriousness, and passion to benefit from the program were evident in their outstanding contributions to KFH Academy's videos, lectures, and workshops. He noted KFH will continue organizing these purposeful programs alongside its numerous year-round initiatives. AlSaad extended his gratitude to all participating departments for their instrumental support throughout the program, wishing all participants continued growth and success.
