Wared Lease & Finance (Wared)
Founded by TID in 2005 with a paid up capital of KD 15 million (around USD 45) million), Wared Lease & Finance builds on TID's legacy in the consumer finance market by offering a wide range of financing and leasing solutions to customers at every stage of their life cycle. The company’s diverse range of products include a host of personal and business finance solutions, insurance, investment and operating leases. Wared is the trend setter to first introduce in the market 24 months period lease instead of 13 months. It has got in its fold government employees from various departments in Kuwait for consumer finance secured through salary deduction. It has also extended its facilities to real estate and corporate finance.