Warba Bank, Radisson Blu partner to offer ‘zero-profit financing’ for event hall rentals

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KUWAIT CITY, May 28: Warba Bank is pleased to announce its partnership agreement with Radisson Blu Hotel, aimed at offering zero-profit financing for the rental of event halls. Under this agreement, individuals can obtain financing of up to 25 thousand dinars for a period of 5 years, without the requirement of transferring their salary to Warba Bank. This innovative product marks the first of its kind in Kuwait and reflects Warba Bank’s commitment to strengthening community partnerships by providing tailored banking services and products that meet the unique needs of its customers.

Musaed Al-Mazyad, Deputy Chief Retail Banking Officer at Warba Bank, expressed his enthusiasm for this agreement, emphasizing the bank’s dedication to delivering exceptional banking services and the strongest financing offers for consumer products and services. He highlighted the recent success of Warba Bank in attracting renowned companies, such as Radisson Blu Hotel, to provide profit-free financing for those interested in renting banquet halls.

Al-Mazyed further stated that the collaboration with Radisson Blu Hotel demonstrates Warba Bank’s commitment to meeting the needs and aspirations of its customers, while also introducing cutting-edge international technology in electronic payment systems. This partnership reinforces the Bank’s comprehensive financing services and integrated banking solutions, particularly for customers seeking event hall rentals. These facilities are designed to fulfill the requirements of our esteemed customers, in line with other financing offers provided by the Bank.

Saud AlShebak, Executive Manager Direct Sales at Warba Bank, emphasized the Bank’s continuous efforts to offer comprehensive financing services, including personal financing for consumer goods, which have seen a growing demand among customers. He reiterated that Warba Bank is committed to establishing long-term strategic relationships and partnerships to enhance the overall banking experience, especially in terms of financing, in order to meet customers’ expectations and modern lifestyle aspirations.

AlShebak stressed that Warba Bank is constantly striving to create exceptional products and services that provide customers with a comprehensive and outstanding banking experience. He noted that the Bank’s extensive experience enables it to understand customer needs, evaluate their goals, and exceed their expectations. Recent achievements include the introduction of innovative products and services, reflecting the core values of “Warba” as a company and serving as motivation to continuously provide the highest level of service.

Philippe Pillod, General Manager of Radisson Blu Hotel – Kuwait, expressed his confidence in this collaboration, which aims to simplify services for the hotel’s customers while leveraging Warba Bank’s solid foundation in providing comprehensive financing services and integrated banking solutions for various life projects and special celebrations.

Pillod mentioned that the Radisson Blu Hotel – Kuwait team is dedicated to making wedding planning and enjoyment as effortless as possible. The hotel’s unique wedding venues offer a wonderful backdrop for exceptional weddings. By utilizing their expertise and collaborating with local professionals, including DJs and Kosha & Ballroom Décor experts, they strive to create a range of all-inclusive wedding packages designed meticulously to suit every budget and taste. This partnership with Warba Bank ensures a seamless wedding planning experience without the need to coordinate with multiple vendors separately.

Through these creative and innovative wedding packages, which encompass decoration, services, and financing plans, the partnership between Radisson Blu and Warba Bank aims to deliver the highest level of customer service and exceed customer expectations. The Radisson Blu Hotel remains committed to providing the best experience for its customers and surpassing their expectations. It is worth mentioning that Warba Bank has achieved remarkable success in a short period. It has emerged as a leading provider of Islamic digital banking services for individuals and ranks among the largest local banks in terms of shareholder count. These factors contribute to Warba Bank’s close relationship with all segments of society. Moreover, Forbes Middle East has recognized Warba Bank as one of the 50 largest banks in the Middle East based on market value for the year 2023

This news has been read 8956 times!

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