Wednesday, February 25, 2026

KFH offloads mortgage division

As part of its ongoing growth and expansion strategy, Kuwait Finance House (KFH) has recently announced its acquisition of First Mortgage. This strategic move is set to solidify KFH’s position as a leading financial institution in the region and bring numerous benefits to both companies.

First Mortgage, a well-established mortgage advisory firm, will now become a part of KFH’s extensive portfolio. This acquisition not only demonstrates KFH’s commitment to providing top-notch financial services but also reflects its confidence in the future of the mortgage market.

One of the main highlights of this acquisition is the joining of First Mortgage’s highly skilled and experienced mortgage advisory team to KFH. With their expertise and industry knowledge, the team will undoubtedly add value to KFH’s existing mortgage services and further enhance customer satisfaction.

KFH’s mortgage customers can now look forward to even more personalized and tailored solutions, thanks to the extensive experience of the First Mortgage team. This will not only streamline the mortgage process but also ensure that customers receive the best possible guidance and support when making one of the biggest financial decisions of their lives.

Moreover, the joining of forces between KFH and First Mortgage will also result in a wider range of mortgage options for customers. With access to a larger pool of resources and expertise, KFH will be able to offer a diverse range of mortgage products to cater to the needs of different segments of the market.

In addition to the benefits for customers, this acquisition will also bring numerous advantages for both companies. KFH will now have a stronger presence in the mortgage market, allowing it to expand its customer base and increase its market share. On the other hand, First Mortgage will have the backing of a renowned financial institution, providing it with the resources and support to further grow and develop its services.

This acquisition aligns with KFH’s vision of becoming the premier Islamic financial institution in the region, offering innovative and comprehensive financial solutions to its customers. With the addition of First Mortgage, KFH will be able to strengthen its position in the mortgage market and expand its reach to more customers, both locally and internationally.

Furthermore, this deal will also have a positive impact on the economy as a whole. As the mortgage market continues to grow and contribute significantly to the country’s GDP, this acquisition will bring more competition and innovation, ultimately benefiting customers and the economy.

The success of this acquisition is also a testament to KFH’s exceptional business acumen and strategic approach. By continuously seeking opportunities for growth and expansion, KFH has established itself as a market leader in the financial industry.

In conclusion, the acquisition of First Mortgage by KFH is a positive move for both companies and their customers. With the joining of forces, KFH will be able to offer a wider range of mortgage solutions and enhance its position as a leading financial institution. This deal also reflects KFH’s commitment to providing innovative and comprehensive financial services to its customers, further strengthening its reputation in the market. We look forward to the positive impact of this acquisition and the continued success of both KFH and First Mortgage.

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