KNET celebrated 30 years on the anniversary of the idea of initiating a company that would be the “switch” between the Member Banks. The celebration was held at The Four Seasons Hotel in Kuwait City, and was attended by the KNET Board of Directors, several dignitaries, and KNET and Banks’ staff.
Every year, KNET holds an Open Day for employees and their families to get together. 2019 saw the employees gather at The Palms to enjoy a day filled with activities for all.
Chairman of the Board, Mohammad Al-Othman, announced that KNET recorded outstanding success in 2018, with a growth of 17% in online payments (307.4 million purchases), in comparison to the previous year. As a result, the value of online payments totaled KD 17.8 billion. More than 63,000 POS devices were deployed, 95% of which support the […]