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ABK launches A+ Student Account with Exciting Features for Youth

27 March 2022

ABK launches A+ Student Account with Exciting Features for Youth

Al Ahli Bank of Kuwait (ABK), has launched the new A+ Student Account, purpose-built to encourage a healthy savings culture amongst the youth. The A+ Student Account reinforces ABK’s commitment to financial literacy and educating the community, particularly young adults, on building a healthy financial foundation. In addition, the easy-to-open A+ Student Account is also a valuable tool for students in Colleges and Universities for the transfer of the Educational Allowance.

Upon the transfer of the educational allowance, A+ Student Account holders will receive a KD 50 instant cash gift upon allowance transfer and are eligible to enter the annual draw to win a 2022 Fiat 500 car. ABK A+ Student Account holders will also get a free prepaid card and can avail of the exclusive VOX Cinemas offer ‘Buy 1 and Get 2 Tickets’ across the country.

Speaking on the newly launched A+ Student Account, Johair Marafi, Acting General Manager of Retail Banking at ABK, said, “We are proud to launch the new A+ Student which promotes financial literacy amongst young adults, effectively contributing to the development of a more responsible and efficient society. ABK delivers on its ‘Simpler Banking’ promise with this new launch, integrating customer needs with relevant products and services to ensure a more straightforward yet vibrant banking experience.”

Johair Marafi continued, “Reaching the youth of Kuwait is an important component of ABK’s outreach strategy. Not only do we look to employing the younger generation and helping them navigate their careers, we also incorporate their feedback as we develop products that fit their lifestyle. The A+ Student account is a banking proposition for young adults intended to incentivise a savings culture and encourage financial discipline, which is pivotal for their futures. The A+ Student account supplements the customers’ lifestyle, offering them more exclusive services and the opportunity to win exciting gifts, including a 2022 Fiat 500 car.”

The all-new A+ Student account is customised for youth between 16 – 25 years, ushering them to embrace the culture of financial responsibility and cashless payments as they begin their journey of financial independency. The A+ Student account offers the youth an array of banking services, a personalised debit card, and exclusive offers catered to their lifestyle.