KFH: "Beity" account for children with privileges, new qualitative services
Kuwait Finance House (KFH) announced the birth of a new banking account for children up to 14 years old called "Beity", which was formerly known as "Al-Baraem". Furthermore, KFH has upped the investment rate to be equalizing the investment saving account, which allows higher profit for children, in addition to new qualitative privileges offered by KFH. This comes as part of KFH's interest in various client segments, and innovating new services and products that meet every segment's needs, according to its age group and interests.
The Branches Department Manager at KFH Emad Al-Saraawy stated in a press release that "Beity" account for children suits KFH's clients and goes hand in hand with KFH's strategy to attract more clients as possible and help them to build a better, brighter future, and planting the importance of savings in their lives. KFH is relentless to diversify its banking products and services to suit its clients and meet their needs, in addition to receiving first- class services that are not below its counterparts worldwide. He added that the current "Al-Baraem" clients can enjoy the privileges of the new account by exchanging or renewing their ATM cards with "Beitek" uniquely designed card. The least amount of money required to open the account is KD 10 with no maximum limit.
Al-Sarawaawy announced that one of the most important privileges that will be offered in "Beity" account for children will be giving the children a uniquely designed ATM card, which can be used at ATM machines and (P.O.S) in Kuwait and abroad, in addition to the instant notification service on all banking transactions via SMS. Furthermore, there is a diversity in offers, cultural and entertainment programs that will be presented continuously in many fields during the coming period.
Moreover, he added that KFH has continued to focus on different client segments according to a clear strategy that is built on presenting a bouquet of services and privileges that suit every segment. This started with "Al-Sundus" program for ladies, "Al-Rubban" for men and "Hessaby" for youths. Later on, "Al-Tamayyuz" was reoffered for clients with financial coverage, and today KFH is proud to offer "Beity" account for children, who are the pillars of tomorrow. This account aims to develop a relationship with this segment, through programs and communication channels that can contribute in building unique banking knowledge, in addition to planting loyalty to KFH in their hearts. This will add experience to the children and offer educational and entertainment dimensions that will reinforce their connection with the bank. He stated that children will get many pleasant surprises from KFH in the coming period.
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© Press Release 2008


















