Kuwait Finance House participates in 'Bayti' exhibition

Kuwait Finance House (KFH) participated in the sixth edition of the “Bayti” Construction Exhibition, held under the patronage and attendance of the Minister of State for Municipal Affairs and Minister of State for Housing Affairs, Engineer Abdul Latif Al-Mashari, underscoring its pioneering role in providing integrated financial solutions and services that meet customer needs in construction, design, and residential furnishing.

The “Bayti” Construction Exhibition, held at the Arena Hall in the 360 Complex, is the largest specialized gathering for the construction and building sector in Kuwait. It brought together more than 80 local and regional companies specializing in construction, furnishing, and residential outfitting, making it a comprehensive platform for those looking to undertake construction and real estate development projects.

Strategic Partner

Nahla Al-Muslem, Deputy General Manager of Products at Kuwait Finance House, stated that the bank’s participation in the “Bayti” exhibition as a strategic partner reflects its leading position in financing construction and real estate development projects and supporting urban development in Kuwait, thereby contributing to enhancing economic development efforts and driving growth.

Al-Muslem added that this participation embodies the bank’s commitment to supporting and ensuring the success of specialized economic events and exhibitions, and its contribution to highlighting opportunities and challenges related to vital sectors, foremost among them the construction and building sectors, which are among the key drivers supporting the national economy.

She emphasized that the bank is keen on offering a comprehensive range of innovative financial products that meet various customer needs, including housing finance covering the purchase, construction, and renovation of properties, with financing amounts reaching up to 95,000 Kuwaiti dinars and a credit period extending up to 15 years.

She noted that housing finance includes several competitive advantages, most notably a grace period of up to 12 months before the first installment is due from the date of receiving the financing, which alleviates financial burdens on customers during the initial stages of construction. Additionally, customers can defer one installment annually through the KFH Pass service.

KFH also offers exclusive promotions in collaboration with a select group of suppliers and leading companies in the local market, featuring the latest equipment and products for the construction and building sector, along with special discounts and benefits that enhance customer value, coinciding with the continuous growth witnessed by the real estate and construction sectors in Kuwait.

Al-Muslem confirmed that Kuwait Finance House continues to develop innovative financial solutions to meet diverse customer needs, including financing against financial guarantee, a product that allows individuals to obtain financing by pledging their deposit without having to break it, while continuing to benefit from its profits throughout the financing period. Customers can also easily apply for financing through the KFHonline app.

The bank also offers the gold-backed financing product, the first of its kind in Kuwait, which enables customers to obtain financing secured by gold bars held in their dedicated gold account, allowing them to benefit from the value of their gold without having to sell it. This product is among the most prominent innovative financial solutions launched by the bank to enhance customer experience and provide more flexible financing options.

The Kuwait Finance House pavilion at the exhibition was staffed by a specialized team of bank employees, who provided consultations, answered inquiries from customers and visitors, and explained the various financial products and services offered by the bank to cover all stages of construction and residential furnishing.