Al Ahli Bank of Kuwait (ABK) has inked a deal with Al Soor Financing & Leasing Company to acquire parts of its consumer vehicle portfolio.
The agreement will further boost investment opportunities for ABK’s retail banking segment.
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ABK retail banking division general manager Stewart Lockie said: "This agreement with Al Soor Financing & Leasing Company marks a significant milestone for Al Ahli Bank of Kuwait. ABK is pleased to have entered into this partnership with Al Soor, and looks forward to a long lasting and expanding relationship with such a key partner."
The bank offers customers with an array of services such as consumer loan product, investment service, and co-branded credit cards.
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By GlobalData
