KIB promotes financial literacy amongst students with disabilities

The visit provided students with an opportunity to tour the head office, where they were introduced to the nature of the banking world and diverse tasks performed by employees

KIB promotes financial literacy amongst students with disabilities

Kuwait: As part of its leading financial literacy program aimed at  students and youth, Kuwait International Bank (KIB) recently hosted a group of students with disabilities for a visit at the Bank’s head office, in cooperation with the Public Authority for the Disabled (PADA) in Jahra Governorate.

The visit provided students with an opportunity to tour the head office, where they were introduced to the nature of the banking world and diverse tasks performed by employees. Additionally, a team from the Bank gave an educational lecture to students on the value of saving and the importance of budgeting at an early age.

On this occasion, KIB noted that it has always sought to organize diverse initiatives which aim at engaging with different segments of the community, including students, and especially those with disabilities. Through these visits, the Bank strives to enrich their financial and economic knowledge, as well as provide them with hands-on experience to develop their abilities, enable them to manage their personal banking needs, and encourage them to work in the banking sector in the future.

Moreover, KIB believes that educating children and youth on the basic concepts of saving and good money management will in turn cultivate a financially-savvy generation that is able to build a bright and sustainable future for the nation. Accordingly, the Bank has adopted its own financial literacy program to spread financial and economic awareness amongst various segments of the community, from students to talented youth looking to enter the banking sector.

KIB dedicates special attention to people with disabilities in the local community, as it provides innovative banking solutions to meet the needs of diverse customers. The Bank has also redesigned several of its branches to become disability-friendly as they are all equipped with ramps and lowered ATMs. To serve customers who are visually impaired or deaf, the terms and conditions for KIB’s products and services have all been recorded as audio and printed in braille. The Bank also added the ‘Read Speaker’ feature on its website, which converts written content into audio, to meet the needs of customers with visual impairments.

KIB was awarded ‘Best CSR Initiative – Arab Banking’ from the World Union of Arab Bankers (WUAB) as a result of its leading financial literacy program. The award served as a testament to the leadership of the program and its success in achieving its objectives towards the local community.

About KIB

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.

KIB is a full service Bank operating through a network of 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 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.

Today, KIB is in the midst of its new strategic transformation: a comprehensive and long-term program which is aimed at transforming the way KIB engages with customers across every touch point and communication channel. This new strategy focuses on offering a next-level customer experience that delivers much more than just “banking” in the traditional sense - but rather establishes KIB as a partner in every aspect of its customers’ lives; a true “Bank for Life”. 

Mouna Roumie
Senior Editor, Content
T +965 2291 5677
M +965 9777 8300
Weber Shandwick MENAT, Madeena Tower 2 - 21st Floor, Fahed Al Salem Street, Kuwait City
P.O. Box 24084, Safat, 13101 

© Press Release 2020

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