Kuwait City, Jan 02: Al Ahli Bank of Kuwait (ABK) is proud to announce that it has been recognized with the Best Banking Product award from World Business Outlook for its ISIC Youth prepaid card.

This innovative offering, established in partnership with the International Student Identity Card (ISIC) and Mastercard, has set a new standard for providing practical and valuable financial solutions to students.

Commenting on the achievement, Loai Muqames, CEO-Kuwait at ABK, said, “We are honored to have received this recognition which demonstrates our commitment to empowering Kuwait’s student community with innovative and practical financial solutions.”

The ABK ISIC Youth prepaid card is a game-changer in the student financial market. Specifically designed to cater to students’ needs, it combines the functionality of a prepaid card with the official identification capability of the ISIC card. This means that students can not only utilize it for convenient and secure transactions but also as their official student ID for accessing university campuses – a feature that has been warmly welcomed by students looking to streamline their everyday lives.

On her part, Johair Marafi, General Manager of Retail Banking at ABK, said, “We strive to provide an unparalleled customer experience for students and remain committed to delivering worthwhile products and services tailored to the specific needs of youth.”

By holding an ABK ISIC Youth prepaid card, students gain access to a host of exclusive benefits aimed at making their lives more enjoyable. These include access to over 150,000 discounts across 130 countries using the special ISIC benefits. Additionally, students can take advantage of exclusive flight offers on Emirates Airline and benefit from discounted hotel accommodation through booking.com, making travel more accessible and affordable for young individuals seeking to explore the world.

Furthermore, reloading the card is effortless, allowing students to manage their finances without any hassle at any ABK branch or through the Bank's online banking service.

The acknowledgement of ABK’s ISIC Youth prepaid card with the Best Banking Product award demonstrates ABK’s attention to the unique financial needs of students. The Bank continues to set itself apart as a strong competitor in the banking industry, dedicated to providing effective and customer-centric products and services.

Since its establishment in 1967, ABK has progressed to become one of the leading Kuwaiti banks in the region that offers a wide array of personal, corporate, and private banking products and services. ABK also provides a broad range of local, regional, and global investment solutions and services through its subsidiary, ABK Capital.

Across the region, the Bank offers individuals and corporates the convenience of comprehensive banking and financial services in the Egyptian market through ABK-Egypt’s network of 44 branches.

This is in addition to ABK’s three branches located in Dubai, Abu Dhabi, and Dubai International Financial Centre (DIFC) in the United Arab Emirates, servicing both Kuwaiti and Emirati individual and corporate clients.

ABK is a strong supporter of Central Bank of Kuwait and Kuwait Banking Association’s 'Let's Be Aware' awareness campaign. Through its various initiatives, the Bank aims to promote financial inclusion by educating Kuwaiti society about customer rights, responsibilities, and the different types of banking and special needs services. Additionally, ABK consistently provides strategic information on how to avoid banking and financial fraud, loan application requirements, digital services, and more.