Kuwait, 03 July 2019: Gulf Bank has announced the winner of the second Al Danah quarterly draw of the year. The lucky winner, Ms. Jennifer Suleiman, will take home a cash prize of KD 250,000.

The draw, which took place live at Q8 Pulse 88.8 FM (Diwaniyat Al Yaqout & Al Ansari show) in the presence of a representative from the Ministry of Commerce, is the second Al Danah quarterly draw of 2019.

“It was a great call to receive while at work, especially when Khaled Al Ansari told me we were live on air!” said Ms. Jennifer Suleiman, the winner of Gulf Bank’s second quarterly Al Danah draw. “He initially let me know that I had won a KD 1,000 prize, which was itself a wonderful surprise. I had just started planning my summer vacation when he delivered an even bigger surprise: that the amount I had won was actually KD 250,000. I couldn’t believe it!”

She continued: “I have been a Gulf Bank client since 1993, and I have been saving with Al Danah since 2004 because it is the only account that rewards you for your loyalty by allowing you to accrue your chances to win, year after year. I would like to thank Gulf Bank for this prize and highly recommend opening an Al Danah account.”

Commenting on the second quarterly Al Danah draw of the year, Mr. Ahmad Al Amir, Assistant General Manager of External Communications at Gulf Bank, said: “We look forward to the Al Danah draws every quarter, as they give us a chance to join our customers on one of the happiest days of their lives. We are excited to continue to reward our customers for saving with their Al Danah accounts, and encourage everyone to continue depositing into their accounts to increase their chances of winning the upcoming draw!”

The third draw of the year will be held on September 25, 2019 with a prize of KD 500,000. The fourth and final draw will take place on January 16, 2020 and will culminate in the announcement of the 2019 Al Danah Millionaire, who will receive a grand prize of one million Kuwaiti Dinars.

Gulf Bank’s Al Danah account is open to both Kuwaiti and non-Kuwaiti residents of Kuwait. A minimum of KD 200 is required to open an account and the same amount must be maintained for customers to be eligible for the upcoming Al Danah draws. If the customer’s account balance falls below KD 200 at any given time, a KD 2 fee will be charged to the account monthly until the minimum balance is met. Customers who open an account and/or deposit more will enter the daily draw within two days. To take part in the upcoming Al Danah quarterly and yearly draws, customers must meet the required hold period for each draw. Al Danah chances are added on a daily basis, meaning the more customers save and the longer they save for, the higher their chances are of winning! Furthermore, loyal customers are always rewarded, with the chances accumulated during the previous years rolling over to the next year’s draws. Terms and conditions apply.

The Al Danah draws are all approved by and held in the presence of a representative from the Ministry of Commerce. Gulf Bank has partnered with Ernst and Young Kuwait (EY) with reference to the “Al Danah Prize Draw” system in order to assist in assessing processes, technical controls considering relevant parameters and provide recommendations that are in line with industry leading practices. The study was conducted in line with industry standards and control requirements relevant to similar prize draw schemes wherein a detailed review of prize draw management system, along with draw scheme parameters, data extraction for draw, filtration of customers as per defined business criteria, and necessary system interactions were conducted to advise on any potential areas of improvements.

To participate in this year’s quarterly and annual draws, customers must keep the balance required by the Al Danah account. To deposit into their Al Danah account, customers can visit one of Gulf Bank’s 58 branches, or opt to directly transfer through the online banking service.

To learn more about Gulf Bank’s Al Danah account, customers can visit one of the Gulf Bank’s 58 branches or log on to www.e-gulfbank.com. Customers can also contact the Customer Contact Center on 1805805 or place queries through the WhatsApp service on 65805805 for assistance and guidance. In addition, customers are welcome to visit the dedicated Al Danah website www.e-gulfbank.com/aldanahwinners to learn more about the account and the winners.