The Commercial Bank links electronically with the Credit Bureau

Kuwait Finance House signed a cooperation protocol with Kuwait Commercial Bank, aimed at enhancing electronic connectivity between the two parties, thereby enabling customers of the Commercial Bank to benefit from a more convenient and efficient mechanism for executing transfers and monthly deductions related to housing loans provided by Kuwait Finance House.

The partnership protocol was signed in the presence of Ilham Mahfouz, Head of the Executive Board at the Commercial Bank; Sultan Al-Dabbous, Acting General Manager at Kuwait Finance House; Abdulaziz Al-Zayani, General Manager of the Retail Banking Sector at the Commercial Bank; and numerous senior executives from both banks.

On this occasion, Mahfouz stated, “Our signing of the partnership protocol with Kuwait Finance House reflects our commitment to developing cooperation frameworks with government and national institutions, supporting the digital transformation journey in the banking sector and aligning with customers’ aspirations for faster and smoother services.” She further emphasized the Commercial Bank’s dedication to continuously enhancing its banking service ecosystem and leveraging digital solutions to streamline procedures and improve operational efficiency, alongside strengthening collaboration with national institutions and entities to deliver added value to customers.

Mahfouz added that the electronic linkage between the Commercial Bank and Kuwait Finance House will help save customers time and effort.

For his part, Al-Zayani noted that the cooperation with Kuwait Finance House is an extension of the Commercial Bank’s efforts to develop its electronic connectivity framework with banks and government institutions in the country, thereby accelerating transaction processing and providing more efficient services to customers. He highlighted that this partnership represents a model of collaboration between public and private sector institutions, affirming that the Commercial Bank continues its successful journey in digital excellence, contributing to the improvement of banking service quality for various customer segments.