Kuwait Finance House (KFH) participated in the sixth edition of the "Baiti" Expo, held under the patronage and attended by the Minister of State for Housing Affairs, Eng. Abdul Latif Hamed Al-Mishari. The participation reflects KFH's leading role in providing integrated financing solutions and services that meet customers' needs in construction, design, and home furnishing.

Held at Arena Hall in 360 Mall, Baiti Expo is considered Kuwait's largest specialized gathering for the construction sector. The exhibition features more than 80 local and regional companies specialized in construction, furnishing, and residential fit-out services, making it a comprehensive platform for those looking to undertake building and real estate development projects.

Strategic Partner

KFH Deputy General Manager of Products, Nehal Al-Musallam, said that the Bank's participation in the Baiti Expo as a strategic partner reflects its leading position in financing construction and real estate development projects and supporting Kuwait's urban development movement, thereby contributing to economic development efforts and sustainable growth.

She added that this participation reflects KFH's commitment to supporting and ensuring the success of specialized economic exhibitions and events, while contributing to highlighting opportunities and challenges associated with vital sectors, mainly construction and building industries, which are among the key drivers of the national economy.

Distinctive offers

Al-Musallam emphasized that KFH is keen to offer an integrated suite of innovative financing products that cater to the customers’ diverse needs, foremost among them housing finance, which covers property purchase, construction, and renovation. The financing amount reaches up to KD 95,000, with a financing tenor of up to 15 years.

She added that housing finance includes several competitive advantages, most notably a grace period of up to 12 months before the first installment becomes due from the date of obtaining the financing, helping ease customers' financial burden during the early stages of construction. Customers may also defer one installment annually through the KFH Pass service.

Al-Musallam noted that the Bank also offers exclusive promotions in collaboration with top suppliers and leading companies locally. These offers include the latest equipment and products for the construction sector, in addition to special discounts and benefits that enhance customer value, in line with the continuous growth witnessed by Kuwait's real estate and construction sectors.

Financing Against Cash Collaterals

Moreover, Al-Musallam stressed that KFH continues to develop innovative financing solutions that meet customers' changing needs. Among the most prominent is financing against cash collateral, which enables customers to obtain financing against a pledged deposit without the need to break it, while continuing to benefit from its profits throughout the financing period. Customers can also apply for financing through the KFHonline application.

Financing Against Gold Account Collateral

KFH also offers Financing Against Gold Account Collateral, the first product of its kind in Kuwait, which enabling customers to secure financing using their gold bullion as collateral. This allows customers to benefit from the value of their gold holdings without the need to sell them. The product is among the Bank's most prominent innovative financing solutions, introduced to enhance customer experience and provide more flexible financing options.

Dedicated Team

KFH's pavilion at the exhibition featured a specialized team of Bank employees who provided consultations, answered customers' and visitors' inquiries, and explained the various financing products and services offered by KFH to support all stages of construction and residential fit-out projects.

The exhibition represents an important opportunity for KFH to strengthen direct engagement with customers and gain a closer understanding of their needs, while also enhancing cooperation with participating companies and suppliers. This contributes to delivering integrated solutions and an advanced financing experience that meets customers' diverse requirements.