Committed to providing innovative banking services designed exclusively for businesses

Kuwait, 21 January 2020: As part of its continuous efforts to support small and medium-sized enterprises, Gulf Bank has announced it is a main sponsor of the Tenders Forum for Small and Medium-sized enterprises. The forum, which took place yesterday, Tuesday in Al Shaheed Park from 9 AM until 8 PM, was held in the presence of the Secretary General and assistant secretaries of the Central Agency for Public Tenders, and representatives from local government agencies and the National Assembly. The forum welcomed SME owners to attend and participate in the discussion.

One of the main objectives of the forum was to raise awareness about recent amendments on public tenders law, highlighting the rights of SME owners. Speakers at the forum also discussed ways to create opportunities for owners of SMEs to take part in governmental tenders in an effort to consolidate relations and open doors for collaboration between governmental agencies and smaller companies. The forum also aimed to start a dialogue on legislative solutions that better serve small and medium-sized enterprises, highlighting legal gaps in the current legislature and allowing SME owners to voice their concerns with decision-makers from members of the National Assembly.

As part of its continuous efforts to support small and medium-sized enterprises, Gulf Bank also participated at the forum. The Bank, which views growing companies as a vital pillar for successful economies, continues to provide SMEs with an integrated set of services designed around the needs of growing companies.

As such, Gulf Bank is the one-stop destination for enterprises of all sizes, providing advisory services related to investment banking, corporate finance and advisory. Gulf Bank spares business owners the hassle of dealing with multiple advisors for its various restructuring and growth plans, and offers a number of services all in one place, including business plans, valuation, acquisitions, divestments, private placement, asset management, consolidations, and more. As with any service provided by the Bank, Gulf Bank ensures that all needs of the company are professionally organized, negotiated and managed, allowing clients to focus on what they do best and dedicate more time to their core businesses.

Commenting on the forum, Ms. Lujain AlQenaei, Assistant Manager for External Communications at Gulf Bank, said: “At Gulf Bank, we consider each of our clients as a long-term business partner. That is why we are proud to offer a comprehensive range of services that aim to broaden our clients’ understanding of their companies. We are proud that Gulf Bank’s Corporate Banking Group provides the financial services of choice for businessmen in Kuwait. We are also proud of our Bank’s heritage, which serves as a constant reminder of the importance of strategic partnerships with our esteemed clients, paving the way for mutual growth and expansion.”