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KFH’s documentary credit, letter of guarantees grow in Q3

KFH’s documentary credit, letter of guarantees grow in Q3
Photo Credit: Arabianeye-Reuters
KFH
KFH
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 Kuwait-Mubasher: Kuwait Finance House’s (KFH) volume of documentary credit and letter of guarantees transactions offered by the Trade Finance Department soared by 23% and 79% respectively by the end of the third quarter in 2015, according to a statement issued by KFH.

“This increase is attributed to high end IT systems, streamlined procedures, and high caliber manpower at KFH that work tirelessly to cover clients’ trade need with right technical international standard,” added the statement.

It is worth noting that KFH adopts best practices and highest standards at the level of its human resources and systems in an attempt to ensure outstanding performance whilst safeguarding clients’ commercial needs and safety of their goods, according to KFH.