Zain Kuwait has announced that they have signed an MoU with Boubyan Bank in an effort to serve a suite of business needs for SMEs in the Kuwaiti market.
Today we welcome Boubyan Bank as part of the Z-HUB family to serve the local SME community. Having a leading bank like Boubyan to serve our customers’ financial and banking needs will strengthen our platform’s position as a comprehensive destination for startups and SMEs.
Since its early days, Zain has always enjoyed a solid ecosystem of strategic partnerships with leading companies and institutions, whether on the local, regional, or international levels. This made us the first destination to serve the technical needs of companies of all sizes. Today, we expand this ecosystem by partnering with Boubyan Bank to reinforce the portfolio of financial services we offer our SME customers, which feature the highest quality and security levels.
Without a doubt, this step reflects our continuous efforts to grow our services portfolio for Kuwait’s SME community. Through this partnership, we are keen on solidifying Z-HUB in line with our digital transformation strategy that aims at empowering a more efficient business sector in the local market.
Hamad Al Marzouq, Chief Enterprise Business Officer, Zain Kuwait
This agreement confirms the Bank’s strategic partnership with Zain, which recently included several joint initiatives between the two parties.
The new agreement comes within the Boubyan B2B Marketplace platform, the first of its kind in Kuwait at the banking level, which aims to provide e-commerce services, financial consulting, accounting services, human resources, insurance, Zain Business services, and others to Boubyan customers through the online banking and the Boubyan corporate App, which serves SMEs.
Abdullah Al Mejhem, Chief Private Banking and Consumer Banking, Boubyan