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Sultan Nayef Al-Ajmi wins KD400 in Gulf Bank's Second Monthly Red Account Draw

Manal Barakat, Manager, Consumer Bankingcongratulating Sultan Al Ajmi, a red accountdraw winner

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Why is it better to pay in the local currency?

Paying in local currency avoids dynamic currency conversion fees, offering better exchange rates and minimizing unnecessary charges.

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Are the draws now secure and reliable?

All draws are conducted under strict regulatory procedures and supervised by the relevant authorities to ensure transparency and integrity.

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How much can I borrow?

The loan amount that can be borrowed depends on the collateral available linked to your monthly income. Please speak to a representative of Gulf Bank to help you determine the amount you can borrow.

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Can I obtain a loan on the security of my Deposit?

Yes, a loan facility is available up to 90% of the collateral amount, with a minimum loan amount of KD 5,000.Interest rates differ - they depend on the term and amount of the deposit.

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Expat Salary Package Transfer your salary and get special features and offers Salary Winners Congratulations to the winners! Kuwaiti Salary Package Transfer your salary and enjoy special benefits

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Disclosure of Core Information

None

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Liquidity Coverage Ratio (LCR) as 30 September 2024

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Kuwait Corporate Day - Morgan Stanley

Location: Dubai 07/11/2019

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