Boubyan Bank Continues to Strengthen Its Corporate Banking Services Through Strategic Partnership with KITA

As part of its strategy to develop its corporate banking services ecosystem and support small and medium-sized enterprises (SMEs), Boubyan Bank announced a strategic partnership with Keta, the world’s leading platform for delivering orders and daily needs. The partnership enables corporate banking clients, particularly restaurant and café owners in Kuwait who are new to the platform, to benefit from a suite of banking, digital solutions, and exclusive perks, thereby supporting their daily operations, enhancing operational efficiency, and boosting growth opportunities.

This partnership extends Boubyan’s vision of building an integrated corporate banking ecosystem that combines banking services, digital solutions, and specialized partnerships, aligned with the needs of SME owners and helping them manage their banking transactions easily and around the clock.

The agreement was signed in the presence of Abdullah Al-Majhem, Deputy Chief Executive Officer for Private and Personal Banking at Boubyan Bank, and Max Chew, General Manager of Keta in Kuwait, along with several senior executives from the bank and company representatives.

Comprehensive Perks for Restaurant and Café Owners

Under the partnership, eligible Boubyan corporate banking clients will benefit from a range of perks, including:

- A Boubyan Business Visa Credit Card, offering unlimited cashback of up to 1.5% on purchases made with the card, along with exclusive benefits.

- POS devices and SoftPOS solutions that enable acceptance of payments through point-of-sale terminals or by using smartphones as POS terminals.

- Tip & Tap, the most innovative, advanced, and secure digital tipping payment method.

- Split Bill service, allowing bills to be divided and each share to be paid separately and instantly via the POS terminal.

- ePay service for electronic payment collection.

- A digital payment gateway, providing business owners with multiple options for accepting and collecting payments.

Through Keta, restaurant and café owners who are bank clients will also access services that help enhance their businesses’ visibility to customers, including free professional photography of food and beverage menus and priority placement within the app.

These exclusive perks are designed to meet the daily operational needs of restaurants and cafés, both in-store and through digital channels, offering them broader opportunities to strengthen their presence via payment, delivery, and platform visibility services.

Supporting Business Growth

Commenting on the occasion, Al-Majhem said: “The SME sector plays a vital role in supporting economic activity. Therefore, at Boubyan, we are committed to developing our corporate banking services to keep pace with evolving needs, providing business owners with practical solutions that help them manage their operations efficiently and capitalize on growth opportunities.”

He added that the strategic partnership with Keta reflects the bank’s approach to building strategic relationships with specialized service providers and delivering value tailored to the nature of clients’ businesses and their daily needs. He noted that restaurants and cafés are continuously evolving in their payment, delivery, and customer engagement methods, making the integration of banking and digital solutions with specialized platform services a key enabler for business owners.

He emphasized: “We believe that high-quality partnerships achieve their impact when they are rooted in a deep understanding of customer needs and seamlessly integrate with the services we provide.”

Through this partnership, Bank of Kuwait and the World’s (Boubyan) banking and digital solutions converge with Kita’s delivery services to enhance the presence of our restaurant and café clients on the app, providing a suite of tools that help them manage their payments and expand their reach to customers. Al-Majhem noted that Boubyan carefully selects its partners based on their expertise, reputation, and ability to add value for its clients. He added that Kita’s presence in the food delivery market, along with the technological services it offers, strengthens opportunities for restaurant and café owners to leverage new channels to reach customers and grow their businesses. He affirmed that Boubyan will continue to develop its corporate banking ecosystem and collaborate with specialized entities, while reinforcing its role as a banking partner for small and medium-sized enterprises (SMEs) by leveraging its banking expertise and providing financing solutions and digital payment services, thereby enhancing the integration of the system offered to this sector and keeping pace with its evolving needs.

Speaking on the partnership with Boubyan, Max Chew, General Manager of Kita in Kuwait, said, “This partnership represents a significant step in Kita’s journey in Kuwait. It is the first of its kind in the market between a bank and a delivery platform, combining Boubyan’s banking expertise with Kita’s delivery and technological capabilities to serve a sector that forms a cornerstone of the local economy.”

He added, “We recognize that restaurant and café owners need more than just a platform to showcase their products; they need a partner who understands the challenges of cash flow and customer acquisition. Therefore, we have designed a comprehensive package for Boubyan clients that includes weekly settlement into their bank accounts, expanded delivery reach, priority driver allocation during peak hours, as well as free professional menu photography and prominent app visibility during the launch week.”

Chew emphasized that Kita continues to invest in the Kuwaiti market and build strategic partnerships with leading institutions, noting that the collaboration with Boubyan reflects the banking sector’s confidence in the platform and opens the door to further joint initiatives to support the growth of SMEs in Kuwait.