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KHCB launches Personal Finance offer

Khaleeji Commercial Bank (KHCB), one of Bahrain’s fast growing Islamic retail banks is pleased to announce the launch of its all new Personal Finance campaign for 2014 with more attractive offers.

This campaign comes in line with KHCB’s strategy to constantly improve its portfolio of Shari’a compliant products and services; and provide its customers with the best in terms of Islamic Banking solutions. As part of this year’s Personal Finance campaign, KHCB introduces a 120 days grace period to all customers who wish to benefit from the bank’s Personal Finance scheme to fulfill their financial needs.
Commenting on the launch of the personal Finance Campaign for 2014, Mr. Khalil Ismaeel Al Meer, Chief Executive Officer of KHCB said, “As one of the leading Islamic banks in the kingdom, we are fully aware of customers’ aspirations to have a personal finance product that can achieve their ambitions and meet their financial requirements. At KHCB, we are committed to develop our banking products continuously along with best services ever in accordance with Islamic Shari’a principles to serve our esteemed customers. Also, we are continuously striving to be among Bahrain’s leading banks through our quality products and services in order to achieve our customers’ needs”.

From his side, Deputy General Manager-Commercial Banking at KHCB, Mr. Fuad Taqi said, “Emanating from our priority to develop high-quality customer-centric offers which enable us to relieve our customers from their financial burdens, our Personal Finance scheme introduces  a 120 days grace period so that customers can start paying their first repayment installment after the completion of the grace period. This scheme is available for employees with a minimum salary of BD 300, retirees and self-employed individuals in accordance to comply with terms and conditions. KHCB presents its Personal Finance scheme with a competitive profit rate and with easy application procedures that enable them to obtain speedy approval within 24 hours of application submission upon fulfilling all necessary requirements.”