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.
View Top Employees from Commercial Facilities CompanyWebsite | http://www.cfc-kw.com |
Ticker | FACIL |
Revenue | $57 million |
Employees | 118 (86 on RocketReach) |
Founded | 1977 |
Address | Abdullah al-Ahmed St Sharq, Kuwait City, Al Asimah, KW |
Phone | (965) 183-3232 |
Fax | +965 2245 5275 |
Technologies |
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Industry | Financial Services, Banking, Other Services (B2C Non-Financial), Finance, Consumer Finance |
Web Rank | 2 Million |
Keywords | Installment Loan, Consumer Credit, Personal Loan, Home Improvement, Renovation, Equipment Finance, Construction Financing, Marine, Furniture Financing |
SIC | SIC Code 60 Companies, SIC Code 602 Companies |
NAICS | NAICS Code 52 Companies, NAICS Code 52211 Companies, NAICS Code 522 Companies, NAICS Code 522110 Companies, NAICS Code 5221 Companies |
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The Commercial Facilities Company annual revenue was $57 million in 2024.
86 people are employed at Commercial Facilities Company.
Commercial Facilities Company is based in Kuwait City, Al Asimah.
The NAICS codes for Commercial Facilities Company are [52, 52211, 522, 522110, 5221].
The SIC codes for Commercial Facilities Company are [60, 602].