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National Bank of Kuwait (NBK) and Ooredoo Kuwait are set to develop digital services, products and solutions, in the framework of a memorandum of understanding that they signed recently, with the aim of enriching customer experience in both entities.

The MoU is part of a strategic partnership between NBK and Ooredoo that provides their customers with the opportunity to benefit from an exceptional experience in both the financial and telecommunications sectors thanks to cutting-edge digital services and solutions that both institutions offer.

Commenting on the signing, Salah Al-Fulaij, CEO of National Bank of Kuwait - Kuwait, said: “We are pleased to sign a cooperation agreement with an institution of Ooredoo’s stature, as part of our endeavors to create partnerships with the leading brands with a view to meeting the needs of all our customers, and enriching their banking experience.”

"We are keen to accelerate the implementation of digital transformation roadmap in line with our strategy started years ago, which contributed to our success in providing the most advanced digital services and payment solutions to our customers,” Al-Fulaij added.

Abdulaziz Al-Babtain, CEO of Ooredoo Kuwait, expressed his pleasure for signing this MoU with NBK, saying: “Given its leading position, especially in the IT sector, Ooredoo Kuwait seeks to establish effective partnerships with renowned institutions that contribute to the development and progress of Kuwait. This partnership stems from the Company’s effective role, most notably by providing the unique 5G technologies. This also helps improve the quality of customers’ digital experience by providing more innovative products and services that redefine both the digital telecommunications technology and the banking sectors in the country.”

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