Kuwait International Bank K S C P : KIB signs agreement with Alsawan Group to offer financing service to customers seeking medical treatment abroad

Kuwait, 13 August 2023:

Kuwait International Bank (KIB) announced signing an agreement with Alsawan Group, a pioneer in the medical tourism field, to offer customers the best financing service for treatment abroad. The value of this new service can go up to KD 25,000, with flexible, easy and convenient installments for up to a maximum of 36 months.

Commenting on the new service, Abdulaziz Al-Shammari, Head of Central Sales at KIB, said: "KIB is the first bank in Kuwait to offer this type of non-profit financing for people seeking medical treatment overseas. Providing this service stems from the Bank's constant keenness to offer flexible banking solutions that comply with Islamic Sharia and meet the medical needs of its customers. Indeed, KIB is always committed to being a true partner for customers in all aspects of life, in line with its main 'Bank for Life' slogan."

Al-Shammari added that customers can make use of the financing offer by applying through KIB's innovative digital platform PayTally, visiting Alsawan Group, calling the Bank's call center, or stopping by one of its many branches across the country.

Alsawan Group has an extensive network of collaborations with the finest hospitals and health resorts around the world, notably in the Czech Republic, Slovakia, Poland, Hungary, Germany and Turkey. The company has representatives that are specialized in this field across all these countries, which ensures customers receive the best levels of service and follow up on their treatment plan with ease.

Furthermore, Alsawan Group is considered one of the leading premium service providers within KIB's PayTally Partners Program. It offers medical tourism services, translation, transportation to and from the airport, hospital reservations in accordance with the customer's needs and choices, and medical reports with an approved treatment plan.

It is worth noting that KIB aims to establish long-term strategic relationships and partnerships, in view of its responsibility towards its customers. It also aims to enhance their banking experience, especially when it comes to financing services, by elevating it to a more comprehensive and integrated level, in a manner that suits their modern lifestyle and meets their aspirations.