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Up to KD 25 thousand for 5 years "Warba" signed a strategic partnership with "Regency" To finance the rental of ballrooms with zero profits

05 Feb 2024

    Al-Maziad:


  • “Warba” is keen to provide the best banking services through the strongest financing offers on consumer products and services
  • The partnership with “Regency” is an extension of the comprehensive financing services and integrated banking solutions provided by the Bank to its clients


KUWAIT, February 2024:

Warba Bank announced the signing of a partnership agreement with the Regency Hotel, under which the rental of event ballrooms will be financed with zero profits, noting that the value of the financing reaches KD 25 thousand for a period of 5 years, and there is no requirement to transfer the salary to Warba Bank for anyone who wishes to obtain this financing. This agreement is in line with the Bank’s continuing role in strengthening its community partnership by providing banking services and products specifically designed to meet the needs of its clients.



On this occasion, Deputy Chief Retail Banking Group at Warba Bank, Musaed Maziad Al-Maziad, said that signing this agreement by Warba Bank comes to provide the best banking services and the commitment to providing the strongest banking experience to the clients through the strongest financing offers on consumer products and services, adding that the Bank has recently succeeded in attracting a number of selected, well-known companies.



Al-Maziad added that the cooperation with the Regency Hotel affirms Warba Bank’s keenness to provide banking services to its clients that meet their needs and ambitions, in addition to introducing the latest global technology in electronic payment. He explained that this latest partnership with the Regency Hotel is an extension of the comprehensive financing services and integrated banking solutions that the Bank provides to its clients, especially those who wish to rent event ballrooms, and similar to many of the Bank’s other financing offers, we are confident that these facilities will meet the needs of our customers.



For his part, the Executive Manager of Direct Sales at Warba Bank, Saud Walid Al-Shabak, said that the Bank continues to provide comprehensive financing services, including personal financing for consumer goods, which is meeting with growing demand among customers, stressing Warba's continuous endeavor to provide the best financing offers that give clients added value in terms of ease and flexibility in their lifestyle.



Al-Shabak stated that Warba Bank spares no effort in establishing relationships and partnerships of a long-term, strategic nature, in compliance with its responsibility towards its clients, and in achieving its established goals, which aim to advance the experience of banking services, especially financing, to a more comprehensive and integrated level, and matching modern lifestyle, which meets clients’ aspirations.



He stressed that Warba Bank is constantly keen to enrich the banking experience of its clients by creating the best products and services that give them a comprehensive and exceptional banking experience. Pointing out that, thanks to its extensive experience, Warba has the ability to understand clients’ needs and evaluate their goals and even exceeded their expectations, Therefore, it has recently succeeded in providing the best experience to the clients, including innovative products and services, which are considered a major part of Warba’s corporate culture, which is also an incentive to continue working tirelessly to provide the highest level of service..



In turn, Executive Vice President of Finance at The Regency, Jayasheel Bhansali, expressed his confidence in this cooperation, which will provide a simplified service to clients of the Regency Hotel, which is a symbol of sophistication and authenticity in Kuwait, being a hotel with a Kuwaiti identity since its founding in 1981, with a character that blends tradition, luxury, and generous Arab hospitality, it also supports the solid foundations of Warba Bank, which provides comprehensive financing services and integrated banking solutions for all of its clients’ life projects and special celebrations.



Jayasheel added that the Regency Hotel is the ideal destination for holding luxury wedding parties, as the conference center and banqueting facilities at the Regency extend over an area of more than 8,000 square meters to provide indoor ballrooms of different sizes designed with great care to meet all guests’ needs. The Hotel is also unique in providing beautiful beach areas that enjoy spacious green spaces, and are fully equipped for holding wedding parties or receptions, while ensuring that they are surrounded with complete privacy.



The Regency Hotel team is keen to make planning and enjoying the wedding day as easy as possible, by using their expertise and cooperation with an elite group of local innovators to equip event ballrooms with all services. The vision is to create a unique set of comprehensive packages, precisely designed to suit every budget and taste.



He added that the partnership with Warba Bank is the latest addition to making wedding planning a comprehensive deal without the need for coordination between different companies through the creative innovation of these new wedding packages that cover the needs of all guests in terms of decorations, catering services, and financing plan. The partnership between The Regency and Warba Bank, two brands that have the highest level of customer service at the core of their services, leads only to success, and The Regency Hotel promises to continue providing the best experience to its customers and do its best to exceed their expectations.



Warba Bank is one of the banks that has achieved great successes in a short period, as it occupied a leading position in the field of Islamic digital banking services for individuals, and it is one of the largest local banks in the number of shareholders, and these are among the most prominent components that make the bank close to all members of society.

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