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CBK's Approval on the Full Conversion of Gulf Bank to Operate in Accordance with the Provisions of Islamic Sharia'a and to Proceed with Completing the Conversion Procedures

 

Ahmad Mohammad Al Bahar
Gulf Bank Chairman
 

  • "Approval reflects our strategic vision and commitment to meeting the aspirations of customers and shareholders"

Benefits

  • Offers a competitive rate on savings in Kuwait.

  • Optional payment of Interest on a monthly basis to a nominated account.

  • Standing order facility available free of charge for this account only.

  • Free MasterCard Electron ATM Card.

  • Free Online Banking Service to access your account.

Features

  • Interest is calculated on the lowest daily balance and credited on a monthly basis.

  • Blocking of funds as collateral for loans.

  • Available in KWD only.

Opening deposit

  • Minimum deposit to interest KD 250.

Limitations

Unlimited withdrawals are allowed, however if any withdrawal is made during the month, NO interest is paid in that calendar month.

Terms and Conditions


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