With an objective to serve the entities participating in the major government projects
under Kuwait Development Plan, the bank opened its Infrastructure Unit in 2014.
Infrastructure Unit serves the financial needs of the corporates, both in private
and public sector, executing large value contracts as well as directly financing
the projects. This unit has expertise in providing tailor made banking solutions
for large Infrastructure projects (EPC, PPP, BOT, BOO projects) in addition to financing
a variety of very large value contracts across various sectors.
Unit’s offerings include wide variety of financing products structured in line with
specific needs of the contracts/projects, full range of cash facilities (i.e. Overdraft/
Bills Discounting and Purchase/ Term Loans/ Short Term Line for Loans/ Revolving
Loans/ Loans against Contracts etc., Letters of Credit, Standby Letters of Credit,
Letters of Guarantees, Derivatives for hedging FOREX and interest rate risks).
For more details, please contact:
Mr. Tamer Mosaad
Assistant General Manager
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