Description
SWOT ANALYSIS OF KUWAIT FINANCE HOUSE
Kuwait Finance House
Parent Company
Kuwait Investment Authority
Category
Banking
Sector
Banking and Finance
Tagline/ Slogan
Leading Islamic Financial Institution in the World ( mission)
First Islamic bank established in the State of Kuwait and today they are USP one of the foremost Islamic Financial Institutions in the world.
STP
People who are interested in local and international investment Segment activities.
Target Group
Families, Corporates , Investors
To be the Leading Islamic Financial Institution in the World by Providing Competitive and Shari’a Compliant Banking, Financing and Investment Products to Exceed the Expectations of Our Customers, to Motivate Our Positioning Employees and to Meet the Objectives of Our Shareholders.
SWOT Analysis
1. Got the award for Most Trusted Islamic Bank from World Finance 2. A secure online website that allows for 140 different banking services that can be conducted with ease from home or office 3. A state of the art, voice recognition call center called “SAWTAK” that operates 24/7. The first of its kind in Kuwait 4. Through such services, KFH has attained large share of the retail banking market share in Kuwait 5. ATMs that over-arch the State of Kuwait, strategically located for easy access 6. Investment activities in the US, Europe, South East Asia and the Strength Middle East
1. Over-dependence on the Middle East and limited global exposure compare to leading banks Weakness 3. Oil-driven economy with limited diversification opportunity
1. Potential for Islamic financial services in US where Muslim population Opportunity is expected to grow 2. Global expansion can increase reach of Islamic banking
3. It can launch dollar-denominated Islamic bonds. 4. It can launch Islamic funds that don’t give interest (earning interest is against Sharia law), but interest on Assets.
1. Economic Slowdown 2. Vulnerable to US policies regarding oil imports Threats 3. Unrest in the Gulf region
Competition
1. Central bank of Kuwait 2. Industrial bank of Kuwait 3. Al-Ahli Bank of Kuwait 4. Commercial Bank of Kuwait 5. Gulf Bank Competitors 6. National Bank of Kuwait
doc_503153577.docx
SWOT ANALYSIS OF KUWAIT FINANCE HOUSE
Kuwait Finance House
Parent Company
Kuwait Investment Authority
Category
Banking
Sector
Banking and Finance
Tagline/ Slogan
Leading Islamic Financial Institution in the World ( mission)
First Islamic bank established in the State of Kuwait and today they are USP one of the foremost Islamic Financial Institutions in the world.
STP
People who are interested in local and international investment Segment activities.
Target Group
Families, Corporates , Investors
To be the Leading Islamic Financial Institution in the World by Providing Competitive and Shari’a Compliant Banking, Financing and Investment Products to Exceed the Expectations of Our Customers, to Motivate Our Positioning Employees and to Meet the Objectives of Our Shareholders.
SWOT Analysis
1. Got the award for Most Trusted Islamic Bank from World Finance 2. A secure online website that allows for 140 different banking services that can be conducted with ease from home or office 3. A state of the art, voice recognition call center called “SAWTAK” that operates 24/7. The first of its kind in Kuwait 4. Through such services, KFH has attained large share of the retail banking market share in Kuwait 5. ATMs that over-arch the State of Kuwait, strategically located for easy access 6. Investment activities in the US, Europe, South East Asia and the Strength Middle East
1. Over-dependence on the Middle East and limited global exposure compare to leading banks Weakness 3. Oil-driven economy with limited diversification opportunity
1. Potential for Islamic financial services in US where Muslim population Opportunity is expected to grow 2. Global expansion can increase reach of Islamic banking
3. It can launch dollar-denominated Islamic bonds. 4. It can launch Islamic funds that don’t give interest (earning interest is against Sharia law), but interest on Assets.
1. Economic Slowdown 2. Vulnerable to US policies regarding oil imports Threats 3. Unrest in the Gulf region
Competition
1. Central bank of Kuwait 2. Industrial bank of Kuwait 3. Al-Ahli Bank of Kuwait 4. Commercial Bank of Kuwait 5. Gulf Bank Competitors 6. National Bank of Kuwait
doc_503153577.docx