Kuwait Finance House – Bahrain partners with Solar One for Solar Panel Consumer Financing

Kuwait Finance House – Bahrain partners with Solar One for Solar Panel Consumer Financing

Kuwait Finance House – Bahrain signed a memorandum of understanding with Solar One to provide personal financing for customers interested in installing solar panels in their homes. KFH – Bahrain will offer free insurance and a flexible tenor period up to 7 years, while Solar One will offer the solar panels at a discounted price though subsidized financing from the Bank. The signing ceremony, which was held at the Bank’s headquarters in the Bahrain World Trade Centre, witnessed the attendance of Mr. Hamed Mashal, Head of Retail Banking at KFH–Bahrain, and Mr. Faisal Khalifa, Managing Director of Solar One, in addition to a number of officials from both parties. Commenting on this occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH – Bahrain, said: “We are extremely proud to be partnering with Solar One, as it goes hand-in-hand with achieving the Kingdom’s sustainability development goals and the goal of ensuring affordable access to all modern, reliable and sustainable energy services. Through this step, we hope to see a local increase in the usage of renewable resources which will help further strengthen the Kingdom’s international standing. Therefore, our partnership with Solar One has sought to widen our scope to reach