18/06/2013 14:43 AST
Warba Bank announced the launch of its "E'tamid Warba" campaign showcasing the benefits and features of Retail Banking Group's products and services including the Qardh Hasan facilities, personal finance products, credit cards and their relevant services as well as the privileges availed by customers via such cards.
The campaign covers all local media means of communication, including newspapers, online and social networking websites. For the purpose of the campaign, Warba Bank will also have a special presence at both the Avenues and 360 Mall, with Warba employees on hand to respond to enquiries related to the bank's services and products.
Commenting on the campaign, Mr. Adnan Salman Al Salem, Chief Retail Banking Officer of Warba Bank, said: "The campaign, which will run for two months, is in line with Warba's commitment to develop and offer competitive products and services that fulfill the financial requirements of our customers, while providing them with higher levels of flexibility and added value, and keeping customers familiar with the competitive services and products offered by Warba Bank."
The Campaign includes the 'Qardh Hasan' product which is free of profits or administrative expenses, and is available to Kuwaiti nationals and GCC residents working in both the public and private sectors, who transfer their salaries to Warba Bank. The Qardh Hasan finance is provided through pre-paid cards issued free of charge for the first year. This product also enables the customer to open, at no additional fee, an investment saving account for salary transfer purposes.
The campaign also covers the bank's personal finance products known for their flexibility and speedy processing. Warba Bank's "Murabaha" finance is the optimal Sharia compliant product which meets the needs of customers at monthly installments throughout tenures of up to 15 years, depending on the type of Murabaha. Warba Bank provides a range of modern consumer and housing finance services at competitive rates, while in the meantime enhancing the quality of the services extended to customers.
Warba Bank's credit cards are fully Sharia compliant and incur no interest, regardless of their type (Classic, Gold, and Platinum). In addition, Warba Bank credit cards provide a range of credit limits which fulfills the needs of its customers. Cardholders will enjoy a free SMS service that enables them to keep track of their transactions. Customers can also request a supplementary card for their family members as per the credit terms and conditions.
Throughout the promotional period, Safwa and Lamar cardholders can avail access to more than 70 VIP lounges at prestigious destinations worldwide. They will be able to enjoy comfort and luxury in addition to a group of unique services provided by such lounges to travelers. Warba Bank is the first and only Kuwaiti bank to provide these premium services via Safwa and Lamar ATM cardholders. To avail such privileges, customers need simply to show their Safwa or Lamar cards at the included lounge receptions.
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