Gulf Bank is pleased to announce the SME’s Rescue Program as per the framework set by Central Bank of Kuwait based on Law no. (2) of 2021 to rescue SME’s negatively-impacted by Covid-19.

To apply to this program, all the below parameters must apply to be eligible for funding. Only entities that are operating effectively prior to the Covid-19 crisis and that are not in default to any bank as on 31/12/2019.

Two steps are required to complete the application:

  1. Fill & Submit the online application at the bottom of this page.
  2. You will receive an email with a unique ID, download the forms attached in auto-reply email. Fill, sign, scan and reply back all forms along with listed supporting documents to the stated email.


Subject to the terms of the SME definition mentioned in the Executive Regulation of The National Fund for SMEs Development & Law no. (2) of 2021:

  • Sales (up to): KD 1,500,000
  • Assets (up to): KD 500,000
  • Employees (up to): 150
  • Enterprise must be independent and not a subsidiary of another legal entity

For further details on the terms and conditions of the program:

Forms to Download

The above forms to be downloaded, filled, signed and send to the auto-reply email with your unique ID.

Supporting Documents

  • Memorandum of Association

  • Memorandum of Amendments

  • Commercial Registry

  • Valid Commercial License

  • Owners Civil ID & Passport

  • Chambers of Commerce & Industry Certificate

  • Latest Audited Financials (2 years)

  • Latest Company Prepared Financials (6 months old)

  • Latest Company prepared financials for Emerging Enterprises and Entities that does not issue audited financials.

  • Rental Agreements with proof of regular rent payments for 3-months preceding to March 2021

  • Staff Salaries Record with proof or regular salary payments for 3-months preceding to March 2021

  • Statement of contractual liabilities of operational expenses such as salaries, rent, etc.

  • National Manpower statement issued by the authority as on 31/12/2019 and required ratio as on 31/12/2021.

  • Other Supporting Documents

The above supporting documents are requirements to your request. Any missing documents would halt your request. These documents to be sent to the auto-reply email with your unique ID.

Online Application

By clicking Submit, I agree that the above information is true and accurate.
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