- Kuwait Clearing Company signed two new agreements with Citi Bank and HSBC to provide the e-dividends service to their clients
- The two foreign custodians join the array of local banks that able to provide the KCC e-dividend service
- It also adds further value to foreign investors in the Kuwaiti Capital Market as it enables them to receive dividends in a more timely
- The e-Dividends service provided by KCC in cooperation with the participating banks ensures that the entire process fully digitized
- Investors subscribe through the e-channels provided by banks and once enrollment successful
- The e-divided service adds to a portfolio of digital services that KCC launched in recent years such as IPO Kuwait, e-AGM and e-Voting
