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 KSC       

KUWAIT FINANCE HOUSE KSC

SummaryNewsCalendarCompany 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Kuwait Finance House KSC : KFH: Meeting the wealth management needs of high net worth clients

10/02/2013 | 04:43am EST
news details

 Post Date : 02/10/2013

KFH: Meeting the wealth management needs of high net worth clients


Welch: strategic change in wealth management for KFH's clients


KFH: Meeting the wealth management needs of high net worth clients


Kuwait Finance House KFH Wealth Management General Manager Matthew Welch stated that reinforcing the Bank's private banking and wealth management service is a key pillar of the restructuring and transformation plan that the Bank is presently implementing. This plan aims at maximizing the Bank's capabilities to improve customer service and achieve better profits.
Matthew noted the rising competition in the high net worth segment and that clients are increasingly discerning in selecting the institution with whom they choose to invest. He added that KFH has a very strong brand, a presence in markets of growing investor interest such as Turkey and Malaysia, plus strong product expertise in a number of key sectors, notably real estate.
He explained that KFH is keen on harnessing the investment capabilities of the wider KFH group to bring new opportunities and investment ideas for the benefit of the Bank's high net worth client base.
In addition, he noted that clients now expect increased access to investment advisory and discretionary management services to help them navigate the present volatile market conditions.
It's worth noting that prior to joining KFH, Matthew spent 28 years as an international manager with HSBC, working in many different countries, including Bahrain, Dubai and Saudi Arabia within the GCC. A specialist in private banking and wealth management, he also has extensive experience in corporate and investment banking and strategic planning. He holds a master's degree from the University of St Andrews in Scotland and is an Associate of the Chartered Institute of Bankers.

End

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 310 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Australia, Jordan, Dubai, and Manheim in Germany.

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.
For more information, please visit: www.kfh.com



distributed by

© Publicnow 2013
All news about KUWAIT FINANCE HOUSE KSC
11/23KUWAIT FINANCE HOUSE K S C P : KFH Inaugurates Revamped Hateen and Airport Branc..
PU
11/15KUWAIT FINANCE HOUSE K S C P : KFH to Launch Opening Bank Account Online for New..
PU
11/10KUWAIT FINANCE HOUSE K S C P : KFH Signs Partnership with LinkedIn to launch Edu..
PU
11/02AL-MARZOUQ : KFH Achieved KD 101.2 Million Net Profit until End of Q3 of 2020
PU
10/28KUWAIT FINANCE HOUSE K S C P : KFH Launches New "Baiti Online" Service
PU
10/07KUWAIT FINANCE HOUSE K.S.C.P. : quaterly earnings release
09/16KUWAIT FINANCE HOUSE K S C P : “KFH” statement
PU
08/19Kuwaiti lessor Alafco delays Airbus orders
RE
08/19Kuwaiti lessor Alafco delays Airbus orders
RE
08/13KUWAIT FINANCE HOUSE K S C P : KFH First Bank to Offer “Kuwait Mobile ID&r..
PU
More news
Managers
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 KSC17 217
THE NATIONAL COMMERCIAL BANK-12.69%34 286
KUWAIT FINANCE HOUSE K.S.C.P.-6.00%17 217
QATAR ISLAMIC BANK (Q.P.S.C.)10.63%11 008
MASRAF AL RAYAN (Q.P.S.C.)8.59%8 859
ALINMA BANK-14.69%8 650