KUWAIT CITY, Dec 02: Kuwait Finance House (KFH) participated as a strategic sponsor in the 13th Industries and Construction Exhibition. The exhibition. The exhibition brought together a significant number of participating entities from both the private and public sectors, in addition to many suppliers, merchants, and companies specializing in construction works and materials.

At KFH's pavilion, a dedicated team from KFH direct sales and financing services was available to address customers and visitors’ inquiries regarding KFH's comprehensive financing solutions for construction projects.

The Exhibition is in line with the housing and construction growth in the country. It is considered a pioneering event that supports national products and demonstrates the latest technology in the construction field.

KFH Executive Manager Personal Finance Products, Abdulaziz Alsaeed, said that KFH’s financing products are unique and diverse. These include housing financing, which covers purchasing, constructing and restoring property with financing of up to KD 70,000 over a 15- year credit period. “KFH also offers other advantages to its customers, including postponing the due date of the first installment up to 12 months from the date of obtaining financing. This facilitates the financing process and makes it easier on customers,” noted Alsaeed.

He added that KFH allows customers to postpone the payment of one installment for one month each year during the credit period, offering customers the ability to change the month in which they want to postpone according to their personal needs.

Alsaeed pointed out that KFH provides distinct offers in collaboration with top local suppliers that deliver the best and latest construction equipment, in addition to offering discounts that attract investors and those interested in line with the development of the real estate and construction sector in the country.

He mentioned that the array of financing services which KFH offers includes financing against cash collateral. It is commercial financing for individuals, granted against full financial guarantee, whether the customer’s fixed deposits or personal saving account, for the whole indebtedness amount.

He added: “Customers can request financing against collateral service online. This service enables customers to complete their financing transactions through KFHonline, accessible via both the mobile app and KFH's website. This ensures that all customer needs are met with the highest standards of innovation and quality, which remain at the forefront of the bank's priorities.”

KFH’s participation highlights its leading economic role in financing construction and supporting its development, which contributes to advancing the economy and driving progress. The Participation also underscores the Bank’s prominent role in supporting and enhancing events, activities and conferences that address and elevate key issues and achievements that are linked achievements tied to Kuwait's economic landscape, particularly in vital sectors such as industry and construction.

It is worth noting that the Industries and Construction Exhibition is an opportunity for KFH to interact directly with customers and companies in addition to offering its financing services and collaborating with the merchants and suppliers to meet all needs and requirements of customers.