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Who can open an Al Danah account?
Anyone in Kuwait with a valid Civil ID can open an Al Danah account. All citizens and residents, male and female, old and young, can easily open an Al Danah account within minutes. Minors however requ...
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e-Savings Account
Unlimited withdrawals are allowed, however if any withdrawal is made during the month, NO interest is paid in that calendar month. Minimum deposit to interest KD 250. Interest rate 0.50% Available in KWD only. Blocking of funds as collateral for loans. Interest is calculated on the lowest daily bala...
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Moody's Upgrades Gulf Bank to Aa3
...des the review for upgrade of Gulf Bank's foreign currency deposit ratings.Moody's stated that the Aa3 long-term foreign currency deposit rating assigned to Gulf Bank reflects the Bank's intrinsic fin...
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Gulf Bank Reports Net Profit KD 27.4 Million for the First Nine Months of 2011
Mr. Ali Al-Rashaid Al-Bader, Gulf Bank's ChairmanKuwait " 27 October 2011: Gulf Bank announced a net profit of KD 27.4 million for the first nine months of 2011, against KD 10.4 million, an increase b...
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Monthly Interest Deposit
KD 5,000. Available in KWD The term of the deposit cannot be changed until maturity If deposit is broken before maturity, all monthly interest amounts that was paid shall be deducted from the principal amount The principal amount of the deposit is locked in until maturity Interest is paid on a month...
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