Kuwait Finance House Opens New Banking Horizons for Its Clients in Germany
Kuwait Finance House (KFH) has launched a new service that enables customers to open a bank account in Germany through the digital application of Kuwait-Turkiye Bank A.S. Germany, as part of the bank’s efforts to enhance the digitalization of its products and maximize the benefits customers derive from the services and products offered by the banks within the KFH Group, while fostering interaction and connectivity with the largest possible customer base.
Nahal Al-Musallam, Deputy General Manager of Products at KFH, stated that the new service aims to empower customers to access all banking services provided by Kuwait-Turkiye Bank A.S. Germany through the bank’s mobile app immediately after account opening and full digital activation of the banking services, without the need for customers to travel to Germany or visit any of the three KFH Group service centers in Mishref, Al-Khalidiya, or Al-Qurain to complete account-opening procedures. This saves customers time and effort, delivering a new, hassle-free digital banking experience with no fees.
Al-Musallam added that the service opens up broad opportunities for customers to benefit from premium financial services in one of Europe’s largest and most important financial markets. After opening an account, customers can enjoy free money transfers within Europe without charges, request a debit card directly through the app, and access a diverse range of other distinguished banking and investment services offered by Kuwait-Turkiye Bank A.S. Germany to its customers.
She noted that the service aligns with KFH’s strategy to strengthen integration among the group’s units and consolidate a unified vision, thereby contributing to a more convenient and flexible banking experience for customers. It also complements the expansion of premium services in collaboration with other KFH Group banks, including Kuwait-Turkiye Bank A.S. Turkey, KFH Egypt, and subsequently Kuwait-Turkiye Bank A.S. Germany.
It is worth noting that, in recent months, three KFH Group Service Centers were opened at the Mishref, Al-Khalidiya, and Al-Qurain branches to serve customers of Kuwait-Turkiye Bank A.S. Turkey and KFH Egypt, as part of KFH’s ongoing efforts to enhance integration among group units and provide advanced banking services that meet the needs of customers within Kuwait.
