Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Kuwait Stock Exchange  >  Kuwait Finance House K.S.C.P.    KFH   KW0EQ0100085

KUWAIT FINANCE HOUSE K.S.C.P.

(KFH)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Kuwait Finance House K S C P : KFH First Bank to Offer “Kuwait Mobile ID” Booth in Branches and Auto Showrooms

08/13/2020 | 08:18am EST

Kuwait Finance House (KFH) has become the first Kuwaiti bank to offer PACI-digital ID registration services in number of its branches and auto showrooms. The initiative is in line with the Bank`s digital transformation strategy, its leadership in e-banking services, as well as in preventive health measures that include carrying out physical distancing and avoiding crowds.

Executive Manager Personal Finance Products at KFH Adel Ahmed Al-Rashood said that the KFH's initiative of providing pavilions for 'Kuwait Mobile ID' application in branches came within the framework of the strategic partnership with P.A.C.I, with the aim of serving customers in facilitating digital ID registration without the need to attend.

Al-Rashood added in a press release, that the pavilions or the ATM machines provided by KFH are self-contained providing a complete solution for self-registration of the digital civil ID in Kuwait via smart mobile devices. He pointed out the possibility of registering in the digital signature service as well, which enables the customer to implement remote 'digital' signing of documents from any party that sends electronic documents.

Al-Rashoodaffirmed KFH's keenness to continue concluding strategic partnerships with various bodies with the aim of providing added value to KFH customers. He appreciated the role of P.A.C.I, which supports KFH's efforts in customer service.

It is noteworthy that KFH approved the digital civil ID through the 'Kuwait Mobile ID' application as official proof for customers,comes in compliance with the decision of the Cabinet of Kuwait regarding the approval of the digital civil ID to define the identity of people and complete transactions. It also comes within the Bank's distinguished efforts in digital transformation.

The 'Kuwait Mobile ID' application, which is available on the mobile, is one of the most important government applications that witnesses many users who want to obtain a digital Civil ID. KFH receives customers to complete their banking transactions through using their digital ID, to ensure the ease of procedures.

Disclaimer

Kuwait Finance House KSC published this content on 13 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2020 12:17:21 UTC


© Publicnow 2020
All news about KUWAIT FINANCE HOUSE K.S.C.P.
01/05KUWAIT FINANCE HOUSE K S C P : KFH Capital Wins “Best Islamic Fund Manager..
PU
2020KUWAIT FINANCE HOUSE K S C P : IBS Honors KFH Employees for Obtaining the "Certi..
PU
2020KUWAIT FINANCE HOUSE K S C P : KFH Launches Al-Mutlaa Construction Financing Cam..
PU
2020KUWAIT FINANCE HOUSE K S C P : KFH launches “Opening Bank Account Online&r..
PU
2020AL-ROSHOOD : KFH Pioneer in Keeping Abreast of Digitization and Adapting Quickly..
PU
2020KUWAIT FINANCE HOUSE K S C P : Al-Roshood Discusses Importance of Digital Transf..
PU
2020KUWAIT FINANCE HOUSE K S C P : KFH Inaugurates Revamped Hateen and Airport Branc..
PU
2020KUWAIT FINANCE HOUSE K S C P : KFH to Launch Opening Bank Account Online for New..
PU
2020KUWAIT FINANCE HOUSE K S C P : KFH Signs Partnership with LinkedIn to launch Edu..
PU
2020AL-MARZOUQ : KFH Achieved KD 101.2 Million Net Profit until End of Q3 of 2020
PU
More news
Financials
Sales 2020 831 M 2 747 M 2 747 M
Net income 2020 143 M 473 M 473 M
Net Debt 2020 - - -
P/E ratio 2020 35,4x
Yield 2020 0,64%
Capitalization 5 346 M 17 622 M 17 671 M
Capi. / Sales 2020 6,43x
Capi. / Sales 2021 6,28x
Nbr of Employees 15 000
Free-Float 51,3%
Chart KUWAIT FINANCE HOUSE K.S.C.P.
Duration : Period :
Kuwait Finance House K.S.C.P. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KUWAIT FINANCE HOUSE K.S.C.P.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 5
Average target price 0,51 KWD
Last Close Price 0,70 KWD
Spread / Highest target -7,54%
Spread / Average Target -27,8%
Spread / Lowest Target -55,3%
EPS Revisions
Managers and Directors
NameTitle
Mazen Saad Ali Saad El-Nahedh Group Chief Executive Officer
Hamad Abdulmohsen Hamad Al-Marzouq Chairman
Abdullah Mohammed Abdullah Al-Haous Group Chief Operations Officer
Shadi Ahmed Yacoub Zahran Group Chief Financial Officer
Srood Amed Sherif Group Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
KUWAIT FINANCE HOUSE K.S.C.P.3.84%17 647
THE NATIONAL COMMERCIAL BANK4.61%36 150
QATAR ISLAMIC BANK (Q.P.S.C.)0.94%11 209
MASRAF AL RAYAN (Q.P.S.C.)-2.38%9 110
ALINMA BANK1.11%8 722
BIMB HOLDINGS-3.76%1 879