finance house


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finance house

a financial institution that is not a bank or building society and that provides credit to finance personal or corporate acquisitions of property. Many finance houses specialize in the financing of purchases of consumer goods on hire purchase; others specialize in equipment leasing. Authorization for lending activities is required under Banking and Consumer Credit legislation.
References in periodicals archive ?
Kuwait Finance House (KFH) has announced that it has launched open banking operations.
Kuwait Finance House, an Islamic bank in the Kingdom, will team with Golden Gate to provide off-plan consumer financing for its freehold residential tower at Bahrain Bay, Al Bawaba has reported online.
Al Amir Gamal, head of Retail Finance at Finance House, said: "As part of our strategy to provide state-of-the-art digital solutions, we worked closely with Samsung to incorporate our Card Offering with Samsung Pay.
The event was held under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa and the Central Bank of Bahrain as a strategic partner, and Kuwait Finance House a platinum sponsor under the title 'Islamic Finance and Sustainable Economic Growth in the Age of Digital Transformation.'
AHL is the only Stock brokerage and Investment banking firm which has been declared winner by the CFA Society of Pakistan for consecutive four years in the category of Best Corporate Finance House.
The opening ceremony was held under the patronage of Khalil Mohammed Sharif Foulathi, member of the Board of Directors of Abu Dhabi Investment Authority, and in the presence of Mohammed Abdulla Alqubaisi, Chairman of Finance House, Alia Abdulla Al Mazrouei, member of the Board of Directors at Finance House and Fatima Obaid Al Jaber, member of the Board of Directors at Al Jaber Group.
"The new branch is in line with our set expansion strategy, it will enable our customers to access our best-in-class products and services more conveniently, further strengthening our position as a leading financial institution," said Mohammed Abdulla Alqubaisi, Chairman of Finance House.span>br />
The Kuwait Finance House focuses on improving interaction with the United Nations International Days, mainly those of social nature, through the contribution in increasing awareness, fostering volunteerism and philanthropy at many occasions.
Meezan Bank, Pakistan's first and largest Islamic bank, was awarded Islamic Bank of the Year' and Corporate Finance House of the Year (Fixed Income)' 2014 award by the CFA Society Pakistan at its 12th Annual Excellence Awards.This was the sixth consecutive year that Meezan Bank was awarded Best Islamic Bank of the Year' by CFA Society Pakistan which reflects the bank's successful track record and its leadership position in the industry.
Without reaching a deal, QNB has announced that it it was stopping preliminary talks for the acquisition of Kuwait Finance House (Malaysia).
Bahrain-based investment firm Gulf Finance House confirmed it is studying the possibility of listing on Saudi Arabia's stock market, Tadawul.
Having been selected as the best from the UK region, Clearwater triumphed in a strong category, including Swiss bank Raiffeisen, Dutch corporate finance house ING Corporate Finance, German investment bank Ferber and Co, Spanish advisory firm Arcano and Swedish bank Handelsbanken.