Friday 29 May 2020

KFH- Bahrain offers finance at low profit rate

MANAMA, March 16, 2020

KFH-Bahrain, a leading Islamic bank in the Kingdom of Bahrain, has launched a limited time campaign for their personal finance product, offering a very low profit rate in addition to instant pre-approval without customers having to visit a branch. 
The finance is available for all consumer needs and at a low attractive rate of 4.65% APR when it is applied for through the KFH Jazeel Banking mobile application. Customers can apply for finance anytime and anywhere and get an instant pre-approval within minutes, the bank said.
Commenting on the launch, Khaled Al Marrafi, Head of Retail Banking Group at KFH-Bahrain, said: "At KFH we always strive to provide attractive promotional campaigns to assist customers in meeting their personal needs and support their business undertakings.
“With the advantages of FinTech, we are able to provide a very low rate to our customers who apply for personal finance via our KFH Jazeel Banking application. The campaign is in line with the bank’s strategy of expanding the digital services offerings to facilitate banking transactions via KFH Jazeel to provide the market with true holistic digital banking service,” added Al Marrafi.
For the bank’s traditional clients, it is offering personal finance via its branches at a competitive rate of 4.75%, which is also available for a limited time, it said. – TradeArabia News Service 


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