NBK Signs Cooperation Agreement with KFIC

According to the new cooperation agreement, NBK will issue prepaid card holders to customers who have undertaken a loan from KFIC.

NBK signs cooperation agreement with KFIC

Al Fulaij: First of its kind banking solutions in Kuwait and the Gulf
Al Bahar: Card is the smart solutions for those who wish to take control of their spending in a safe and easy way

As part of its strategy to provide the best banking services to its customers by partnering with leading companies in Kuwait, the National Bank of Kuwait (NBK) recently signed a cooperation agreement with Kuwait Finance and Investment Company (KFIC) whereby NBK will issue a prepaid card to customers who undertake an installments or consumer loan from KFIC.

Salah Al Fulaij, CEO Kuwait at National Bank of Kuwait, said: “Through this new agreement, the loan proceeds (installments or consumer) undertaken by the customer from KFIC will be deposited in the prepaid card issued by our bank and delivered to the customer (free card delivery).”

Al Fulaij added that the prepaid card can be used both inside and outside of Kuwait, as well as online shopping websites, noting that the limit that can be deposited in the card reaches up to KD 20,000.

He explained that the prepaid card attains the needs of customers who are looking for easy banking solutions that ensures safe transactions and provide high levels of protection locally, internationally & online.

Al Fulaij praised the cooperation between NBK and KFIC in providing the first of its kind banking solution in Kuwait and the Gulf region. He added that the Bank constantly seeks to partner with leading institutions in its sector to offer enhanced banking services that exceed customer expectations.

On his part, Tareq Al Bahar, CEO of KFIC, said: “The card is the latest addition to the KFIC’s financial services division (Tamwilia) through which, we offer our customers a smart choice in managing their spending and payments in an easy and secure way.”

Al Bahar added that the cooperation between KFIC and NBK aims to enhance customer experience by providing innovative and advanced solutions in the field of banking services. The step comes as part of KFIC’s focus on raising its customer’s awareness with the latest banking solutions available to increase the level of security and customer’s satisfaction.

It is worth mentioning that NBK is constantly improving the level of services and solutions provided to customers by launching innovative solutions that respond to the needs of customers and follow the pace of advancement in the banking sector. NBK’s aim is to provide flexible solutions that matches customers’ diverse lifestyles and requirements, reflecting its ability to innovate and lead at the local and regional levels.

The NBK prepaid card offers customers a full range of services that cater their needs and convenience. The Bank provides its services with ease through its branches located in Kuwait, as well as around the world in London, New York, France, UAE, Bahrain, Jordan, Lebanon, Egypt, Saudi Arabia, and other countries, where customers can use NBK’s services through any of its branches inside or outside the State of Kuwait or by calling the customer service center available around the clock.

NBK’s prepaid cards are the most convenient way to pay for purchases. For more information, please contact NBK’s customer service center at 1801801 or visit nbk.com.

The Kuwait Finance and Investment Company (KFIC) provides innovative products and constantly in quest of new services that meet the needs of customers, KFIC values its partnership with NBK as a leading bank in Kuwait and the region, noting that the relationship with NBK is a privilege for both the company and its customers.

For more information, please contact the customer service center at KFIC at 1889000 or visit www.kfic-kw.com.


About Kuwait Finance and Investment Company (KFIC):
Interview with Tareq Mishari Al Bahar, KFIC’s Board Member & CEO of KFIC: Kuwait Finance and Investment Company (KFIC), a Well-Established Asset Manager in Kuwait


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