KFH Lectures Hamdan Al-Hamdan School students on the “importance of saving”

June 11, 2014 2:41 pm

Kuwait Finance House (KFH) has organized a lecture on “the importance of saving” to Hamdan Al-Hamdan elementary school students at Dhaher branch, in an attempt to raise their awareness and highlight the importance of saving money economically and socially.

A group of KFH employees presented a detailed explanation about saving and its positive impacts on children and their future planning as saving is a means that stimulates children to know more about financial industry and develop their plans for the sake of prosperous future.

Moreover, KFH employees highlighted Baiti Saving Account for children that can be opened for minors from date of birth to the age of 14 years old. It can be opened by the minor’s natural guardian (father, grandfather), mother, the legal guardian, or a second-degree relative.

They explained that the minimum amount to open the account is KD 10 with no maximum limit where KFH invests 60% of the lowest available monthly balance.

It’s worth noting that KFH is keen on hosting students from schools and educational institutes to raise their awareness of the importance of the banking business, and savings as an essential value in the life of the individual and society as well as to highlight the leadership of the bank in the region and the world.