Al Ahli Bank of Kuwait (ABK) has launched two new banking packages, Al Tajer and Al Tajer Plus, aimed at supporting small and medium-sized enterprises (SMEs) and facilitating their financial operations. The announcement was made on September 26 in Kuwait City, underscoring the bank’s ongoing focus on providing tailored solutions to the local business community.

The new offerings include a range of features designed to enhance business liquidity and operational efficiency. Notably, account holders have the opportunity to earn interest rates of up to 1 percent per month. Each business customer will also be assigned a dedicated relationship manager to provide personalized banking advice and assist with account management. Additional benefits include fast and cost-effective employee salary transfers, free daily payment links to simplify customer transactions, and secure fund transfers using ABK Visa Commercial cards.

Johair Marafi, General Manager of Retail Banking at ABK, emphasized that these packages align with the bank’s strategy to deliver innovative and flexible financial services to SMEs. She highlighted that the initiatives are intended to help businesses manage cash flow effectively, streamline operations, and reduce costs as they expand within Kuwait’s competitive market.

Marafi also stressed ABK’s commitment to fostering a stable and advanced financial environment for entrepreneurs, describing this as a key priority. According to her, the bank continuously invests in developing its product offerings to meet the evolving needs of its customers, thereby reinforcing its role as a reliable partner in Kuwait’s economic development.

The introduction of Al Tajer and Al Tajer Plus reflects broader efforts by financial institutions in Kuwait to bolster the SME sector, which is considered vital for diversification and sustained economic growth. By providing adaptive financial tools and dedicated support, ABK aims to address the specific challenges faced by smaller businesses and contribute to the local market’s vitality.