Commercial Facilities Company

📍 Kuwait🗓 Founded 1977👥 106 employees💰 Last funded May 2022
Financial Services🌐 cfc-kw.com
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Commercial Facilities Company (CFC) was established in 1977 as the first Kuwaiti closed shareholding company specialized in providing installment credit facilities to finance consumer and commercial products. The main services provided by CFC are: Financing new and used cars Financing boats and marine equipment Financing furniture and electrical appliances Financing basic construction materials Granting personal cash loans The company was listed in Kuwait Stock Exchange in 1982. It was the first company to be selected for the Kuwaiti government's privatization program. In September 1994, the Kuwait Investment Authority sold 47% of the company's issued shares to the private sector. During 29 years of operation, the company successfully grew its consumer loans portfolio to reach KD 412.4 million (US$ 1,424 million) as of 31/12/2006.
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1977
Founded

Investors

1 investor
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Investor geography1 country
Kuwait
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Frequently asked questions
Who invested in Commercial Facilities Company?
Commercial Facilities Company has 1 investor on record on gritt.io.
When did Commercial Facilities Company last raise funding?
The most recent investment in Commercial Facilities Company recorded on gritt.io was in May 2022.
When was Commercial Facilities Company founded?
Commercial Facilities Company was founded in 1977.
What industry is Commercial Facilities Company in?
Commercial Facilities Company operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Commercial Facilities Company based?
Commercial Facilities Company is headquartered in Kuwait.