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KD171.085m deposited in Kuwait Finance House depositors' accounts

Chief Operating Officer at Kuwait Finance House (KFH) Anwar Al-Ghaith stated that the depositors' profits that reached KD171.085m will be deposited in their accounts once the financial results are revealed, which underlines KFH's technical and abilities and skillful manpower.

He added that this sum of money is KD10.626m (16.1%) more than depositors' distributions last year, which highlights the success of the bank's strategy that includes achieving sustainable profit and high revenues for shareholders and depositors. He asserted that the distributed money is the result of relentless efforts exerted by KFH staff who cautiously planned and approached various investment opportunities.

Moreover, he noted that the increase in deposits distributions and investment accounts compared to 2011 was about 12% where 2.147% was distributed for five-year deposit compared to 1.920% with an increase of 0.23%. Distributions for continuous investment deposits are 1.932% compared to 1.728% with an increase of 0.20%. Al-Sudra distributions are 1.503% compared to 1.344% with an increase of 0.16%. Distributions for investment saving accounts are 1.288% compared to 1.152% with an increase of 0.14%.

Furthermore, Al-Ghaith applauded the strong loyalty bond found between KFH and its clients who have always supported KFH and its employees. He said that KFH strives to offer best returns while diversifying its saving vessels to meet the requirements of various client segments. He stressed that KFH is keen to offer best level of services and technology possible to its clients, which prompts KFH to continuously develop and invest in its employees.
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