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.
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.