Warba Bank opens new branch in Al-Egaila – Move in line with lenders expansion policy across Kuwait

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KUWAIT CITY, Dec 29:  For achieving its expansion policy aiming at attracting the larger segment of customers, Warba Bank inaugurates its 9th branch across Kuwait in Al-Egaila Area, Al Arabiya Commercial Complex. The new branch joins branches network covering all vital areas in Kuwait. The opening ceremony has been organized under the auspices and presence of Shaikh Fawaz Al Sabah —  the Governor of Al-Ahmadi Governorate, Jassar Dakheel Al Jassar — Warba Bank Vice- Chairman & Chief Executive Officer and attended by huge gathering of prominent figures and Bank’s customers as well as some of the Bank’s top officials.

Jassar said: ‘The opening of Warba Bank’s new branch in Al-Egaila comes in line with the Bank’s policy for enhancing its geographic and qualitative position as an Islamic banking institution on the local arena based on the highest standards of efficiency for satisfying the banking sector requirements. This is achieved through  new vision in compliance with the rules of Islamic Sharia and under the strategy adopted by the Bank aiming at satisfying customers’ needs in all major areas in the State of Kuwait and more specifically at areas that witness growth in the public services and big demand on banking services. This step is consistent with the Bank’s strategy and efforts for developing its business during the coming years under an expansion plan in all areas.

Al-Jassar said: The opening of the Bank’s new branch comes this time in Al-Egaila area — Ahmadi Governorate which is a vital center having a large portion of Kuwait population. We are fully prepared to provide all banking services and products by getting closer to customers who aspire to develop their business and meeting their financial requirements by a package of diverse and innovative services in addition to providing appropriate banking solutions especially at the financing level.”

Al Jassar pointed: “We at Warba Bank have ambitious plans to expand our branches network to cover all vital areas of the country, and contribute to the general development plan. This will allow us to contact with an entirely new set of customers and expand the scope of our services, better know citizens’ needs and enhance our ability to create new and modern banking products according to the latest technical and banking systems that cater for customers’ needs without charging them any additional efforts or burdens.”

He also added: “The new branch is the 9th in Warba branches network and is considered a key milestone in the history of Warba Bank witnessing the success of the Bank’s expansion strategy that aims to cover all governorates of the State of Kuwait. Customers can avail from the best banking services through Al-Egaila Branch such as opening diverse accounts, banking deposits as well as multiple cards accepted internationally , the ATM cards, Credit cards, prepaid cards.

 The branch also provides financing solutions that are matching customers’ needs where the personal financial reaches up KD 70 thousand for construction or housing finance and up to KD 15 thousand for consumer financing.  All Bank’s products and solutions are Sharia compliant particularly the trade finance, small and medium size enterprises as well as other banking products and services. This will eventually raise the Bank’s market share, presence and competitiveness across Kuwait giving the Bank the chance to lead the local Islamic banking sector.”

Al-Jassar added: “Warba Bank works steadily for consolidating its presence in the local Islamic Banking market whether from geographic or service prospective. The Bank is keen on improving   its banking services and products, attracting a larger segment of customers and strengthening the role and effectiveness of the Call Center through developing the systems and training its staff on dealing with customers professionally to provide a unique service and seize new opportunities for growth in corporate and retail finance sectors. This will benefit the local economy and ensure greater financial stability for customers while keeping up with their banking aspirations for balanced economic environment conforming in bases and goals with the principles of our Islamic religion.”

Al-Jassar also expressed sincere thanks to His Excellency the Governor of Ahmadi Sheikh Fawaz Khaled Hamad Al-Sabah and senior Al-Ahmadi Governorate figures for honoring and participating in the opening of the new branch, as well as the Bank staff for their continued efforts in developing Warba Bank to be one of the leading and promising financial institutions known for their high quality performance and excellent banking services.

For inquiry about the location of our new branch in Ahmadi Governorate, customers and shareholders can contact Customer Service Center. Customers can also inquire about the services and products such as balance inquiry, submitting application for account  opening , salary transfer, credit cards, free profit loan “Qard Hasn”, Murabaha or inquire about deposits. Customers can register and avail from the free SMS service and know more about our products, services, branches, latest exclusive offers, terms and conditions or the customer’s rights by following our social media platforms on Facebook, Twitter, and Instagram.

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