Kuwait Finance House (KFH), the leading Islamic Financial Institution, has been recognized as the largest Visa card issuer in Kuwait from Visa after having achieved the milestone of One million issued cards, which reaffirmed KFH’s leadership in the banking cards market.
KFH’s Chief Executive Officer, Mazin Al-Nahedh, stated, on receiving the award from Paul McCrea, Visa’s Head of Products for CEMEA in the presence of number of KFH and Visa officials, that bagging the award for “Achieving the Milestone of One Million Visa cards” from a prestigious institution, Visa., confirms KFH’s efficiency and success in the banking cards market. Besides being ranked first in Kuwait in terms of cards issued, KFH is amongst the top issuers in the GCC. In line with this achievement KFH is now the largest in terms of volume throughput on the KNET locally.
It is testimony of the bank’s flagship position at the local level, not to mention the quality and excellence of its cards that are witnessing considerable growth and huge clients’ turnout since they enjoy outstanding benefits and are uniquely designed for each and every segment of the customers, which broadens their choices.
Al-Nahedh added that the award underlines Visa’s great confidence in KFH’s products that keeps pace with international standards of creativity and innovation which bid to further serve clients and cater for their aspirations. It underscores KFH’s wide client base which reflects clients’ satisfaction in KFH’s products and services. KFH is continuously striving to better serve clients by offering high-end products and services based on an in-depth researches and analysis.
KFH prepaid and credit cards enjoy unprecedented discounts and widespread banking network, not to mention twenty-four seven services. They enjoy 3D secure for secured internet transactions, SMS service and E-statements for credit and prepaid cards. In addition, cardholders are offered competitive credit facilities.
Al-Nahedh stressed KFH’s keenness on continuously reinforcing the value of its banking cards and utilizing technology to further meet clients’ accelerating requirements.
Meanwhile, Paul McCrea, Head of Products for CEMEA, said, “We are delighted to recognize Kuwait Finance House for being the first bank to achieve 1 million Visa cards in Kuwait. This milestone underscores a well formulated product strategy that resonates with the customer’s needs and preferences. We are committed to working closely with KFH to introduce innovative products and help accelerate the adoption of secure, reliable and convenient electronic payment solutions in Kuwait.