KFH Organizes a Training Course on RIPPLE Money Transfer System

KFH Organizes a Training Course on RIPPLE Money Transfer System

Kuwait - Kuwait Finance House (KFH) has organized a training course for its employees on RIPPLE Money Transfer System which KFH has joined recently. The course comprised, for the first time, a group of employees selected from KFH Group Banks in Bahrain and Turkey in cooperation with Ripple International Group.

KFH Group CIO Mr. Srood Sherif said that this course is allocated to train KFH Group employees on the means of providing technical support to operational procedures in order to commence the implementation of Ripple Money Transfer System, ensure proper implementation of the network capabilities and achieve a proper fast and safe service. He indicated that KFH has joined Ripple Net to facilitate the payment process for customers through widely spread Ripple Net, enhance KFH strategy to adopt digital technology services and provide the best possible expertise for customers to make highly accurate and swift money transfers abroad.

Mr. Sherif added that this training course comprises for the first time employees from different KFH Group Banks in Turkey and Bahrain as part of KFH efforts to provide a comprehensive training to cope with any future decisions related to any projected dependence on the net and its operation in any of the group banks abroad. Participation in the net shall add momentum to the training process.

He reiterated KFH keenness to use and develop the best highly advanced technology systems to serve customers at different levels and fields of business. This process shall place KFH in advance ranks along with highly reputed global banks. Several advantages and services shall be entered to achieve more speed and accuracy in performance. He indicated that the employees in KFH IT sector enjoy high IT skills and succeeded in implementing the system in the best possible manner in cooperation with all partners.

Course shall continue for 3 days and shall include employees from KFH Group and Ripple International Group.

Kuwait Finance House (KFH)

KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 480 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, Jordan, and Dubai.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.

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