KCB granted 23,000 loans in 2021 – ARAB TIMES
KUWAIT CITY, Feb. 15: Kuwait Credit Bank (KCB) has revealed that the number of loans it disbursed in 2021 was 23,000, equivalent to a total value of KD 400 million, reports Al- Qabas. The bank’s official spokesperson, Habari Al-Khashti, said Kuwait Credit Bank made a huge achievement in e-services in 2021, presenting around one million services through the e-portal, the mobile application of the bank and the Sahel application. She affirmed the efficiency of the bank’s electronic services which are available 24 hours a day, seven days a week, as they have saved time and effort for citizens and shortened the document cycle.
Al-Khashti revealed that 99% of the bank’s services have gone electronic. She explained that the services related to social and housing loans provided through artificial intelligence technology are unique. It allows obtaining loans without visiting any of the bank’s branches and without bringing any documents, as they are submitted through the automated system. Kuwait Credit Bank’s 2020-2025 strategy is proceeding according to the approved schedule. Based on this strategy and the principles of institutional governance, and in compliance with the decisions of the Council of Ministers on the matter, the bank has achieved its objectives of automating its services and digital transformation to offer the best services to citizens. while safeguarding the public interest. money.