Expediting the process of purchasing a new or certified vehicle, with exclusive financing offers available for those working on the frontlines during the pandemic

Kuwait, 20 September 2020: Gulf Bank is keen on providing multiple banking services and financing solutions across a variety of sectors that are crucial to customers, including the automotive sector. In cooperation with all local dealerships, Gulf Bank provides its customers with a variety of financing solutions to make the process of owning a car easier than ever.

Regarding the various financing solutions offered by the Bank, Assistant General Manager for Corporate Communications at Gulf Bank, Mr. Ahmad Al Amir, said: “With customer experience always a priority at Gulf Bank, we strive to ensure our clients are always receiving the best service possible wherever they are. That is why we have ensured that our employees are always available across auto showrooms to assist our clients in acquiring the cars of their dreams, during both the morning and evening periods — all while enhancing their banking experience with easy credit terms, distinguished services, and private office spaces within the showrooms. It is important to note we are also keen to provide all of these services in accordance with the highest quality standards and health protection measures recommended by the Ministry of Health in Kuwait.”

The Best Financing Solutions, For Everyone

Gulf Bank car loans are open to everyone, and are available to both Gulf Bank customers and non-customers, and Kuwaitis and non-Kuwaitis, provided that the borrower’s salary is KD 300 or more.

Exclusive Packages for Frontline Workers

In recognition of the vital role of the employees working to limit the spread of the pandemic, Gulf Bank has launched a variety of new offers for our frontline heroes. In light of Gulf Bank’s ongoing and distinguished partnerships with various auto dealerships across Kuwait, the Bank is presenting these offers for the first time, available to both Gulf Bank customers and non-customers alike.

At Your Service Throughout the Day

Gulf Bank's direct sales staff are present across more than 40 new and certified auto showrooms and dealerships in Kuwait, during both morning and evening shifts. With the help of Gulf Bank’s showroom staff, clients can learn about the various offers presented by Gulf Bank, including the exclusive packages available for frontline workers and their terms and conditions.

Easy Application

With customer satisfaction as one of its main priorities, Gulf Bank is keen to facilitate banking transactions for all its customers. Gulf Bank customers can now enjoy a streamlined process of submitting a car loan request through the Bank’s website and mobile app, in addition to the option of visiting any Gulf Bank branch around Kuwait.

Simplicity and Flexibility

Gulf Bank's credit policy is characterized by simplicity and flexibility, with all consumer loan applications being completed with both accuracy and speed. This policy includes financing new and certified cars, as well as motorcycles and marine boats. Customers can obtain a consumer loan of a maximum of KD 25,000 and a repayment period of up to 5 years according to the credit terms of Gulf Bank, provided that the value of the loan is calculated on the customer’s net salary. It should be noted here that customers can pay a portion or total of the remaining loan amount at any time, without paying additional fees or future interest.