12 days remaining to deposit or open an Al Danah account to enter the 2nd Quarterly Draw

Kuwait - April 18, 2013: The countdown to the Al Danah 2nd quarterly draw has begun and only 12 days are left for customers to increase their deposits or to open an Al Danah account by 30 April, to en...

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Gulf Bank Announces Change in Working Hours

Kuwait  1 October, 2009:  Gulf Bank has announced new opening hours for its 49 branches across Kuwait. The change, as per the Central Bank of Kuwait's Regulation took place on 27 September 2009. The B...

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Gulf Bank Closes during New Year Holiday

Kuwait- 31 December 2014: Gulf Bank's Head Office and all branches will close on Thursday, 1st January 2015 in celebration of the New Year, and will commence normal working hours on Sunday, 4th Januar...

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Gulf Bank's CFO receives 'Excellence in Finance' Award at 5th Annual CFO Middle East Strategies Forum 2011

Kuwait - 19 October 2011: Gulf Bank today announced that its Chief Financial Officer, Mr. Carlos Ribeiro has been awarded the 'Excellence in Finance' award at the 5th Annual CFO Middle East Strategies...

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Gulf Bank announces the Winners of the Seventh red" Monthly Draw including a trip to Dubai for two!

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What are the required documents?

Below is the total list of documents required from applicant in order to submit a complete credit application:#Description1Customer Contact Details Update (KYC Signed by Authorized Person on Beam)2Ext...

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Interest Paid on Maturity

KD 5,000 / USD 10,000 / EUR 25,000 Available in KWD and other major international currencies The term of the deposit cannot be changed until maturity If deposit is withdrawn before maturity, no interest will be paid The principal amount of the deposit is locked in until maturity Interest is paid on ...

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How often the interest rate on your loan changes?

Gulf Bank shall review the applicable interest rates every five years during the term of the loan and change the interest rate to be applied in line with the rate announced by the Central Bank of Kuwa...

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Is there a specialized technical expert that reviews the AlDanah draw process and execution?

Yes, the AlDanah draw process is subject to specialized technical review. External auditors, (approved by CBK) specifically RSM and Grant Thornton, representing the Central Bank of Kuwait (CBK) have c...

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What is the Fee incurred for transactions made using your Credit or Debit Card outside Kuwait?

If transactions are made on credit and debit cards outside Kuwait, a fee of 3.5% will be charged (including Mastercard & Visa fees between 1.2% to 1.5%).

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