Kuwait Finance House (KFH) announced 103 million Kuwaiti dinar or $362 million of precautionary provisions on Tuesday, as it posted a smaller than expected rise in second-quarter net profit. The bank did not provide any more details on the provisions, …
General Manager of International Banking and Acting Chief Investment Officer at Kuwait Finance House KFH Shaheen Al-Ghanim has announced the emerging KFH Investment Company, previously named Liquidity House. He added that this company will be KFH's mai…
Kuwait Finance House said on Monday that a customer had settled $296.6 million of debt owed to the bank and that the impact of the receipt would be reflected in its second-quarter results. The customer had owed 32.6 million dinars or $114.3 million to …
Kuwait Finance House (KFH) announced the official launch of its new Gold Account. This product enables KFH's clients to buy and sell physical gold biscuits securely. Available at KFH's Head Office branch in Kuwait, the gold biscuits each weigh 100grams…
Kuwait Finance House (KFH) has been granted an Independent Assurance Certificate of its Corporate Sustainability Report from Ernst and Young (E&Y). This certification came after meeting or exceeding all requirements of the certification criteria. N…
Kuwait Finance House (KFH) has launched the first version of a Quran Application for android users. Strategy and Corporate Affairs General Manager Fahad Al-Mukhaizeem said that KFH is keen to grant this gift since Ramadan is approaching. Moreover, Al-M…
Kuwait Finance House (KFH said its 20 percent capital increase had been oversubscribed by shareholders, without providing specific details. The bank was raising 319 million dinars ($1.12 billion) from the sale of 639 million new shares at 0.5 dinars ea…
Moody’s Investors Service has downgraded Kuwait Finance House’s (KFH) long term ratings by one notch to A1 from Aa3. Moody’s also downgraded KFH’s baseline credit assessment (BCA) and bank financial strength rating (BFSR) by two notches to ba1/D+ from …
Kuwait Finance House (KFH) organized in collaboration with the Islamic Finance Club at Gulf University for Science and Technology a scientific trip for a delegation of the university students to the United Kingdom. The trip that lasted for 7 days aimed…
Shareholders in Kuwait Finance House (KFH) have agreed to a 20 percent capital hike, The plans to increase its capital are part of the bank’s five-year strategic plan. New shares will be issued at 100 fils ($0.35) per share plus a premium of 400 fils. …
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