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In the news..
Alhammad: KFH Aims to Empower People with Disabilities for Labor Market Inclusion
Kuwait Finance House (KFH) Acting Group Chief Human Resources and Transformation Officer, Ahmad Alhammad, affirmed the Bank’s commitment to fulfilling its pioneering social responsibility role in the community. Speaking at the closing ceremony honoring the fifth cohort of trainees with special needs, organized in cooperation with the Kuwait Society for the Handicapped (KSH), Alhammad said that supporting and developing national capabilities, especially people with special needs, is a long-term strategy at KFH. “This underlines KFH’s social role and reflects its keenness to address key social matters and serve different segments of society. It also demonstrates the Bank’s ambitious vision toward enhancing human talents to help them contribute to development efforts.” Alhammad expressed his pride in honoring this cohort in collaboration with KSH, coinciding with the International Day of Persons with Disabilities that falls on 3 December each year. The event marks the conclusion of the training program organized by KFH, designed to hone the skills of trainees with special needs in innovation and creativity, help them overcome challenges and achieve their goals through the best possible means. He added: “KFH established a partnership with KSH five years ago to train and qualify distinguished groups of young Kuwaitis with disabilities. We were delighted to witness their strong commitment to self-development and their high ability to engage with the training content. This confirms that we are dealing with a group of highly determined individuals who can serve their country and themselves." Alhammad pointed out that the initiative is a successful step towards integrating this segment into society and practical life, helping them build a better future. He extended his appreciation to everyone who contributed to organizing and ensuring the success of this training program, which comprised 100 training hours during which the trainees rotated across various departments, including branches, HR, Cards and others. Alhammad congratulated the trainees who demonstrated commitment and determination to achieve, wishing them continued success in their social and practical lives. It is worth noting that KFH continues to focus on individuals with special needs across all age groups. This is evident in the Bank’s active participation in initiatives and programs that are designed for this segment. Additionally, KFH contributes to many initiatives related to people with special needs with the aim of supporting their wellbeing and integrating them with their peers. These efforts are held in cooperation with KSH and the Kuwaiti Society for the Guardians of the Disabled. KFH also organizes training courses for employees to equip them with skills needed to deal with people with disabilities, such as sign language, as well as the proper principles for handling and serving customers with disabilities and elderly individuals in branches and sales centers. The Bank also offers ATMs and various e-channels with technical assistance to facilitate banking transactions for this society segment.
KFH Wins the Bank of The Year 2025 - Kuwait Award
Kuwait Finance House (KFH) was named the Bank of the Year 2025 - Kuwait by The Banker magazine, a leading financial publication owned by the Financial Times Group. The award was announced at the Bank of the Year Awards ceremony held in London with the presence of leading banking figures and senior executives from the global banking and financial industry. The recognition highlights KFH's excellence and leadership in the local banking sector as Kuwait's largest bank by market capitalization and the world’s second-largest Islamic bank. KFH General Manager Corporate Banking and Syndication, Nasser Alshaya and Executive Manager Corporate Relations and CSR, Faisal Alsurayye received the award at the ceremony. The Banker’s judging panel based its decision on meticulous financial data analysis, comparing growth and performance against a strategy of solid, consistent results. Strategic advantages, including investment in modern technology and innovation to expand business and improve customer satisfaction, were also key factors. A panel of global industry experts judged the Banker Awards, considering criteria and performance improvements over the past 12 months. KFH General Manager Corporate Banking and Syndication, Nasser Alshaya stated that the continuous flow of prestigious awards affirms KFH’s leading position in Kuwait and global markets. He emphasized that these accolades recognize the Bank’s success in launching new services and products, implementing an integrated and customer-centric business model, and achieving the best financial results and record profits in the local banking sector and the Kuwaiti market. Alshaya added that the KFH Group's international footprint spans 10 countries and serves customers through 640 branches. He noted that the Group has maintained high credit ratings from international agencies and consistently received specialized global awards. "This distinction," Alshaya said, "is awarded as the Group continues to strengthen its operations and international network in support of its vision to become one of the world’s top 100 banks.” He emphasized that winning this prominent recognition in the global financial services industry is a testament to the Group’s robust financial position. This success is underscored by high growth levels, strong solvency, and record profits, which are ultimately driven by the quality of the Group’s assets and its high-value brand in Kuwait. He explained that the award reflects KFH’s high efficiency in launching cutting-edge digital products and innovative services, which have driven qualitative leaps in financial technology. The recognition also confirms the Bank’s leading position in the Sukuk market and Islamic finance, thereby enhancing its reputation both locally and globally. Alshaya said that KFH maintains its focus on sustainable growth and accelerating operational performance. The Bank continues to provide the optimal banking experience, finance corporate entities, lead major financing deals, and adopt the latest digital innovations, all of which generate added value for both shareholders and customers. The Banker Founded in 1926, The Banker magazine is read by senior decision makers at the world’s leading financial institutions. Each year, the magazine publishes rankings of the best financial institutions to encourage and reward excellence in the global banking sector. It is worth noting that the Bank of the Year Awards are among the most prestigious and sought-after awards in the global banking industry, covering over 120 countries worldwide.
KFH Offers Banking Services Powered by Modern Technology
In line with its commitment to meeting customer needs and keeping pace with the latest technologies, Kuwait Finance House (KFH) offers through its smart branches leading banking services that are convenient, secure, and seamless, ensuring the highest standards of excellence. These efforts affirm KFH’s leadership in digital transformation and innovation, enabling the Bank to offer digital financial and banking solutions that add value to customer experience. KFH is keen to strengthen the presence of its smart branches, which are currently 11 spreading across Kuwait. Customers can find these branches in The Avenues and the co-op societies of Ishbiliya, Jabriya, Mangaf, Sabah Al-Ahmad, Al-Salam, and Abu Fatira. The branches are also located in Shuwaikh KFH Auto Showroom, Al-Khiran Mall branch, as well as Abdullah Al-Salem and Airport branches. Thanks to their success and ease of access to various banking transactions, KFH aims to increase the number of its smart branches to meet the needs of customers in most areas of Kuwait. Additionally, KFH continues to strengthen its service delivery channels through smart branches, KFHOnline application, social media platforms, as well as through robotic and AI technologies, among many other innovative alternatives to traditional banking channels. Through its network of electronic branches across Kuwait, customers are able to access a wide range of interactive banking services such as Murabaha transactions, requesting credit and prepaid cards, updating personal data and mobile number, activating cards, instant cheque book printing, instant card issuance, receiving 10 gram gold bullions, opening accounts, buying and selling gold, and cardless cash withdrawals via mobile using a QR code, civil ID, or mobile number, among other fast and secure financing and banking transactions. Affirming its leadership in digital innovation, KFH comprehensively updated its ATMs and KFHOnline mobile app, featuring a sleek modern design and smart services. Currently, KFHOnline provides over 200 banking services. The e-banking transactions also include instant virtual prepaid card issuance, checking the PINs of the credit and debit cards, opening an additional bank account online without having to visit the branch, temporarily suspending cards, opening deposits, adding beneficiaries, balance inquiry, requesting financing, checking the financing obligations and the number of installments, reviewing investment plans, receiving account balances and deposits summary, in addition to managing children’s accounts through Baiti account, in addition to many other online e-services. It is worth noting that the fully automated smart branches which operate 24/7 reflect the significant progress in the retail banking industry amid the growing users’ reliance on technology for quick and highly efficient banking services.
KFH Fosters Youth Skills in Coding and Cybersecurity
Kuwait Finance House (KFH) maintains its strategic partnership for Kuwait's largest cybersecurity hackathon for the third consecutive year. Launching on December 6th, the competition is held under the patronage of the Deputy Prime Minister and Minister of Interior, Sheikh Fahad Yousef Al-Sabah, and is sponsored by the National Cyber Security Center (NCSC) and organized by CODED Academy. The renewal of the strategic partnership was announced during a meeting attended by KFH Senior Manager of PR and Event Management, Fahad AlSaad; NCSC representative, Basil Abdulraheem; and CODED Academy CEO, Ahmad Marafi. KFH Senior Manager PR and Event Management - Fahad AlSaad Commenting on this occasion, KFH Senior Manager PR and Event Management, Fahad AlSaad stated that this initiative is the largest event in coding and cybersecurity, with prizes valued at more than KD 15,000. He affirmed that KFH’s participation is part of the Bank’s leadership in fostering innovation, empowering the youth and honing their skills and knowledge to create and added value for the community. He noted that the hackathon equips a generation with cybersecurity, technology applications and coding skills. It also provides participants with practical experience and certifications that enhance their career prospects. “This aligns with KFH’s strategy of innovation and social development,” AlSaad noted. He reiterated the significance of leveraging modern technology and digital learning in strengthening cybersecurity, highlighting its importance to the global economy and banking sector in serving the public interest and protecting customers data. National Cyber Security Center (NCSC) Representative - Basil Abdulraheem NCSC representative, Basil Abdulraheem, commended KFH’s support to Hackathon Kuwait which demonstrates the Bank’s interest in youth and reinforces public-private partnerships through initiatives that encourage youth to innovate and refine their talents. He pointed out that these initiatives reflect the country’s commitment to the importance of investing in young national talents in cybersecurity to ensure the existence of a safer cyber space. CODED Academy CEO - Ahmad Marafi In his statement, CODED Academy CEO, Ahmad Marafi, lauded the strategic partnership with KFH, established in 2018. This partnership aligns with the Bank’s strategy and commitment to investing in youth within the cybersecurity sector. He affirmed that this collaboration serves as a successful model of synergy between the banking sector and educational institutions for boosting innovation and digital transformation.
