Friday 20 July 2018

KFH sees big surge in private banking portfolio

MANAMA, September 9, 2017

Kuwait Finance House-Bahrain (KFH), one of the leading Islamic Banks in the country and an integral contributor to the evolution of Bahrain’s Islamic financial sector, has recorded a positive surge in its private banking client portfolio, thanks to the improved economic climate and increased customer appetite for Sharia’a compliant investments.

KFH-Bahrain launched its revamped ‘Private Banking’ division in October last year in line with the new strategic focus of its parent company - the KFH Group - and the shift in the group’s structure, said a statement from the Islamic lender.

Since then, the KFH Private Banking Department, considered one of the core divisions within the Group, has grown from strength to strength, enhancing its offerings and benefiting its clients through private personalized banking services to High Net Worth individuals, it stated.  

Abdul Razak Jawahery, the executive manager of the KFH-Bahrain Private Banking Department said: "At KFH–Bahrain we always place our clients at the very top of our priority list. Our mission is to provide the highest quality of Shari’a products Private personalized banking and services to exceed customer expectations."

"At the core of this mission is our dedicated team of experienced relationships managers; they are the key players in driving client satisfaction by capitalising on the full spectrum of the bank’s resources and tailoring solutions to suit individual needs," noted Jawahery.

"Together we work to develop investments strategies that can fulfill target financial objectives with ease and flexibility while ensuring that we maintain transparency in all our offerings and preserve the values of Islamic banking," he added.

According to him, KFH's private banking unit excels in the personalized, premium services it offers which are aligned to the personal and corporate needs of HNWIs, family offices and private corporations.

It offers unmatched benefits, dedicated relationship manager, priority call routing bespoke banking and financing solutions, added Jawahery.-TradeArabia News Service

Tags: KFH | private banking |

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