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Kuwait International Bank Elevates Real Estate Services with Enhanced Digital Platform ‘KIB Aqari’

Kuwait International Bank Elevates Real Estate Services with Enhanced Digital Platform ‘KIB Aqari’

Kuwait International Bank (KIB) has announced significant enhancements and new services on its digital real estate platform, ‘KIB Aqari’. This platform, dedicated to customers interested in buying, selling, and renting real estate properties, introduces pioneering features to streamline various real estate transactions.

Fahad Al Saleh, Manager of the Real Estate Advisory Division and the Product Development and Support Division at KIB’s Real Estate Department, emphasized the bank’s commitment to staying at the forefront of digital innovation. He stated, “KIB constantly aims to provide its customers with an unprecedented experience, saving them time and effort, and fulfilling their needs in an easy and safe manner.”

One of the standout features of ‘KIB Aqari’ is its digital real estate appraisal service, the first of its kind in Kuwait. Users can now follow up on appraisal requests and validate assessments using QR codes, marking a significant digital leap in the real estate appraisal process.

The platform offers an array of features for seamless real estate management, including automatic rent collection, tracking late payments, and more, ensuring smooth operations for property owners.

The recent enhancements to ‘KIB Aqari’ include the ability for users to link any of their KIB accounts to the rent collection service, providing flexibility and convenience. Users can link a group of properties to a single account or allocate different properties to different accounts for rent collection. The rent collection service is now available for both individuals and companies, allowing linking the account number to the civil ID for individuals and the commercial registry number for companies.

Furthermore, the platform now allows for a more personalized experience by enabling users to add a profile photo. With these enhancements, ‘KIB Aqari’ becomes the first banking application dedicated to facilitating the rent collection process without any fees.

Additional features include the option to request a reassessment of an appraisal request, entering property data conveniently and securely at any time, and submitting appraisals with comments for bank employees. The platform has also expanded its compatibility by incorporating iOS support, allowing Apple iPad users to access the enhanced features seamlessly.

KIB’s innovative approach extends to the bilingual support introduced in the internal portal of the real estate appraisal division, offering users the choice between Arabic and English. The platform has also undergone general enhancements to address issues related to zoom and scroll functions on documents running under Windows.

This strategic move by KIB aligns with its commitment to delivering an advanced digital banking experience, as part of its innovative journey encapsulated in the new strategy focused on providing a more enriched experience under the slogan ‘Bank of Life’. The bank continues to position itself as a pioneer in digital banking, catering to the evolving lifestyles of its customers.

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