About
Overview
About
Overview
Group Information
As a premier regional bank present in 6 countries in the Middle East and United Kingdom, we provide our clients with international growth opportunities.
Our network is constantly growing, and today we are proud to manage subsidiaries and associates across 6 countries through a network of 88 branches and 2800 team members.
Group Entities and KFH Ownership
• Kuwait Finance House B.S.C. (c) – Parent Entity
• Kuwait Finance House B.S.C. (c) – DIFC Branch
• Kuwait Finance House PLC – 100%
• Kuwait Finance House Bank Egypt – 95.7%
• Commercial Islamic Bank of Iraq PSC – 85.3%
• United Bank for Commerce & Investment S.A.L. – 40%
Business Divisions
The Group’s operations are divided into four core business divisions, all of which offer Islamic finance products, which are as follows:
The Group’s Corporate Banking division is responsible for the Issuer’s more capital-intensive activities in risk asset generation and includes Corporate Finance, Trade Finance, Commercial Property Finance and Specialised Finance. The division principally handles finance and other credit facilities, deposit and current accounts for corporate and institutional customers.
The Group’s Treasury and Investments division is responsible for the Issuer’s more capital-intensive activities in risk asset generation and funding through Treasury and Investment related activities. It also provides money market, trading and treasury services, and is responsible for the management of the Group’s funding.
The Group’s Retail Banking division principally handles individual customers’ deposits and provides current accounts, savings plans, savings certificates, investment deposits (both treasury deposits and call deposits), finance (consumer, mortgage and auto finance), credit card products, internet and SMS banking.
The Retail Banking division seeks to leverage its business model across the markets with the aim of establishing a standard range of products with centralisation of back office functions to enhance sales and service and deliver balance sheet growth and profitability across the regional network.
The Group’s Private Banking and Wealth Management division is less capital intensive and principally services high net worth clients and provides private banking services (including investment products, trust services and real estate investment services), asset management services, real estate fund management services and Islamic finance products.
The division has alliances with firms such as Franklin Templeton, Mellon Global Investments, Henderson Global Investors, Russell Investment Group, Allfunds Bank, Aviva Investors, Jones Lang LaSalle, MapleTree (a subsidiary of Temasek) and Man Investments. Such alliances allow the Group to provide a wide range of products in the areas of asset management and real estate fund management to its institutional and high net worth clients. The division also provides specific expertise in risk profiling, asset allocation, product selection and due diligence. The division seeks to launch new, diversified products to meet its clients’ requirements.
