Kuwait: In line with its leading social responsibility program aimed at encouraging local development initiatives, Kuwait International Bank (KIB) announced its sponsorship of activities taking place throughout the year held by the Public Authority for Industry (PAI).

On this occasion, Corporate Communications Team Leader at KIB, Fahad Al-Sarhan, during his meeting with the Director General at PAI, Yousef Al-Wattar, and upon signing the agreement, said: “This sponsorship came as part of KIB’s ongoing commitment to supporting various industrial institutions and helping them achieve their objectives. Above all, we strive to contribute to the nation’s sustainable development agenda by stimulating the industrial sector’s productivity and boosting performance levels." He added: "Our role as a Bank is not only to provide outstanding banking solutions, but to also ensure that we are fully committed to our social duty, which includes supporting the nation’s various industrial sectors."

On his part, Al-Wattar expressed his thanks and appreciation of KIB’s ongoing support of PAI’s various activities. He also lauded the Bank’s notable role in supporting a number of community-based activities carried out by local sectors and institutions. KIB’s significant contribution to local development goals has made it both a leading Bank in the industry and a national symbol; in that way embodying its spirit and values.

It is worth noting that KIB remains committed to supporting impactful development initiatives and programs. The Bank aims at encouraging the development of different sectors, including the local industrial sector, in line with the Emir’s vision to transform the country into a financial and commercial center.

About Kuwait International Bank
Kuwait International Bank (KIB) is a bank that operates according to the Islamic Shari’ah, based in the State of Kuwait. Incorporated in 1973, and originally known as Kuwait Real Estate Bank, KIB made the transition to its current Islamic operating model in 2007.

Today, KIB is a full service Bank operating through a network of 26 branches spread across the State of Kuwait, and offering a broad range of banking products, services and solutions in accordance with the principles of the Islamic Shari’ah. The Bank’s mission and vision also encompasses a leading social responsibility program that aims at supporting every member of Kuwait’s society by spearheading a multitude of initiatives and activities.

In 2015, KIB embarked on a comprehensive strategic plan, aimed at improving the Bank’s performance indicators, as well as enhancing the quality of its products and services. The three-pronged strategy focuses on propelling the Bank to the forefront of the Kuwaiti banking sector and setting it on a solid path to becoming the “Islamic Bank of Choice” in the market.

© Press Release 2018