KFH signs partnership agreement with KRCS as part of social role

Al-Sayer hails bank’s efforts in social responsibility

Al-Nahedh and Al-Sayer signing the agreement

KUWAIT: Kuwait Finance House (KFH) has signed a partnership and cooperation agreement with Kuwait Red Crescent Society (KRCS) as part of its social role in supporting the activities to serve societies and uphold humanity. This First-of-its-kind agreement at the level of banking sector in Kuwait affirms the bank’s leadership position in achieving the comprehensive social responsibility.

KFH-Group CEO Mazin Al-Nahedh and the Chairman of Kuwait Red Crescent Society (KRCS) Dr Hilal Al-Sayer signed the agreement at the KRCS headquarters in the presence of Group Chief Strategy Officer, Fahad Khaled Al-Mukhaizeem and Executive Manager Group Public Relations and Media, Yousef Abdullah Al-Ruwaieh, in addition to a number of officials from both sides.

On the sidelines of inking the agreement, Al-Nahedh said that KFH is expanding its social role by adopting various projects and activities to serve all nations and uphold humanity, thus highlighting the cultural aspect of Kuwait and the human role which HH The Amir Sheikh Sabah Al-Ahmed Al-Jaber AlSabah has played to position Kuwait as an International Humanitarian Center, while strengthening and enhancing all means of cooperation and understanding among all nations and civilizations.

He added that the partnership supports the KRCS to assume its role in the social and humanitarian aid.
It is worth noting that KFH had lately signed with the United Nations High Commission for Refugees (UNHCR) an agreement of $540,000 to aid 3,794 families of the Rohingya refugees in Bangladesh.

Meanwhile, Al-Sayer expressed pride in KFH initiative, hailing the bank’s efforts in the social responsibility and its keenness to support the humanitarian programs in collaboration with the KRCS.
He voiced hope that all other entities would follow KFH track and participate in the honorable humanitarian work.

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