.png)
KFH Germany
KFH Kuwait
KFH Turkey
Contact Us
Branch & ATMS Locator
Kuwait, 30 June 2009 - Kuwait Finance House (KFH) bagged the ‘Most Trusted Bank’ Award in The World Finance Awards 2009. The award is in recognition for organisations that set the benchmark for qualitative achievements and best practices in the financial world. It is a noteworthy accomplishment for KFH to have won this award, as it acknowledges the Bank’s contribution to the local and global Islamic finance industry, as well as its commitment, honesty, integrity and level of professionalism, all of which have underscored its success over the past three decades.
Mr. Mohammed Al-Omar, Chief Executive Officer, KFH said, “ The award is one of the most prestigious and valued for KFH, as it denotes and acknowledges the level of trust our clients have in us.” He added, “The award was conferred after thorough monitoring of KFH's development and growth, which essentially is a byproduct of our clients’ trust in us.”
Al-Omar further highlighted, “KFH’s deposits grew by 14% during the first quarter of this year, which exemplifies KFH's ability to attract new clients across all segments of society, by offering them savings and investment vessels that suit their specific needs. It is worth noting that the deposits at KFH have climbed to KD 6.7 billion, which is the record highest in the local market. It is our clients’ trust in us, which has resulted in boosting KFH's deposits by KD 3.5 billion and a growth rate of 111% over the past three years.” He added, “The continuous increase in our market share which has now reached 35% of the total market is proof of KFH's success. I must also highlight that we have experienced a growth rate of 12% in our assets only in the first quarter.”
Furthermore, he commented on KFH's role as a key market maker. He said, “As a key player, KFH has played a major role in strengthening the national economy. KFH is one of the biggest Islamic banks that has trained and churned high calibre Islamic bankers, who are now leading the Islamic finance industry both in Kuwait as well as all across the world.”
Mr. Mohammed Al-Omar, Chief Executive Officer, KFH said, “ The award is one of the most prestigious and valued for KFH, as it denotes and acknowledges the level of trust our clients have in us.” He added, “The award was conferred after thorough monitoring of KFH's development and growth, which essentially is a byproduct of our clients’ trust in us.”
Al-Omar further highlighted, “KFH’s deposits grew by 14% during the first quarter of this year, which exemplifies KFH's ability to attract new clients across all segments of society, by offering them savings and investment vessels that suit their specific needs. It is worth noting that the deposits at KFH have climbed to KD 6.7 billion, which is the record highest in the local market. It is our clients’ trust in us, which has resulted in boosting KFH's deposits by KD 3.5 billion and a growth rate of 111% over the past three years.” He added, “The continuous increase in our market share which has now reached 35% of the total market is proof of KFH's success. I must also highlight that we have experienced a growth rate of 12% in our assets only in the first quarter.”
Furthermore, he commented on KFH's role as a key market maker. He said, “As a key player, KFH has played a major role in strengthening the national economy. KFH is one of the biggest Islamic banks that has trained and churned high calibre Islamic bankers, who are now leading the Islamic finance industry both in Kuwait as well as all across the world.”
