Youth, source of talent, needed for development of Kuwait: Gulf Bank

KUWAIT CITY, Nov 28: Under the patronage of His Highness the Prime Minister Sheikh Ahmad Nawaf Al-Sabah, and in the presence of the Kuwaiti Ambassador to Washington, Jassem Al-Budaiwi, and a wide group of students, Gulf Bank has concluded its participation at the thirty-eighth annual conference of the National Union of Kuwaiti Students (NUKS) in the United States of America, as the strategic banking partner.

During their participation in the conference, which had the slogan “Young people transcend the nation”, Gulf Bank representatives shed light on the nature of the banking business. They also gave a detailed explanation of the work mechanisms and job opportunities available to students, and the services provided by the bank to clients, especially to the youth segment. Gulf Bank employees met a large number of students wishing to work in Gulf Bank after graduation, as it is one of the most prominent employers attracting young talents in Kuwait.

On this occasion, Gulf Bank’s General Manager of Human Resources, Salma Al-Hajjaj, commented: “Kuwait’s youth are the pillar of the future, and the source of talent needed for the development of Kuwait and its economy. Therefore, Gulf Bank placed youth as a main focus in its 2025 strategy. Kuwait Vision 2035 also focuses on youth, while including a set of pillars, with the most important being the creative human capital, which is in line with the conference’s motto “Youth that transcends the nation”.

Preparation

Al-Hajjaj urged the youth to exert a lot of effort in studying and learning, and to arm themselves with all the elements of modern science in preparation for returning to the country and joining the labor market, especially in the private sector, which is always looking for competent and talented employees.

She stated that Gulf Bank is keen to provide many employment opportunities for students participating in the conference, as part of its ongoing Social Sustainability Program, which focuses on supporting Kuwaiti youth inside and outside the country.

Al-Hajjaj added that Gulf Bank, being a preferred employer for Kuwaiti youth, was also keen this year to provide job opportunities for male and female students on scholarships participating in the conference, ensuring that they return home with the job they dream of, in a wonderful work environment, and great opportunities for development and gaining experience.

She pointed out that Gulf Bank has had distinguished relations with NUKS-USA for 10 consecutive years, pointing out that the bank views this annual conference, being one of the largest gatherings of Kuwaiti students outside the country, as an opportunity to be present among them, share their events, and keep abreast of their future directions and aspirations.

She pointed out that Gulf Bank did not come to the conference with job opportunities only, but also with several surprises and gifts for the participating students, especially the students who had incurred the trouble of traveling from various states to attend the conference, pointing out that the bank had a raffle on tickets from various US states to Los Angeles, won by 3 male and 3 female students.

Student Abdulaziz Abdullah Al Shatti wins a full year’s rent from Gulf Bank

Adding on to its long line of grand prizes, like AlDanah account prizes, Gulf Bank organized a draw, won by Student Abdulaziz Abdullah Al Shatti. The grand prize Abdulaziz received was his full year’s rent. Three students also won prizes of $1,000 each, other three students won prizes of $500 each, and a third group of three won $300 each. In addition, 16 students won prizes of $100 each in another competition.

Gulf Bank’s World Cup Diwaniya

On the occasion of holding the NUKS-USA conference, in parallel with the activities of the World Cup, Gulf Bank was keen to set up a diwaniya to facilitate the match screenings for students participating in the conference, while organizing interactive competitions with valuable prizes.

The “Always Our Pride” song

To celebrate Kuwait’s students in the United States, Gulf Bank released the song “Always Our Pride”, which expresses the community’s pride in its youth at home and abroad.

Gulf Bank’s vision is to be the leading Kuwaiti Bank of the Future. The Bank is constantly engaging and empowering its employees as part of an inclusive and diversified workplace in recognition of every employee’s role in delivering customer excellence and serving the community at large. With its extensive network of branches and innovative digital services, Gulf Bank is able to give its customers the choice of how and where to conduct their banking transactions, all while ensuring a simple and seamless banking experience.

Gulf Bank is committed to maintaining a robust sustainability program at the community, economic, and environmental levels through sustainability initiatives that are strategically selected to benefit both the country and the Bank. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.

Gulf Bank is one of the leading conventional banks in Kuwait with total assets over KD 6 billion for the year ending 31 December 2021. The Bank provides a broad offering of consumer banking, wholesale banking, treasury, and financial services through its large network of more than 50 branches and over 300 ATMs across Kuwait.

The Bank was founded in 1960 and has been listed on the Kuwait Stock Exchange (Boursa Kuwait) since 1984.

Gulf Bank has a large network of 58 branches, with total assets of KD 6 billion (US$19.8 billion) for year ended 31 December 2018. The Bank is currently ranked ‘A’ by four leading international credit rating agencies; a Long-term Issuer Default Rating of “A+” with a “Stable” Outlook by Fitch Ratings, an Issuer Credit rating at “A-/A-2” with a “Stable” outlook by S&P Global Rating, a Long-Term Deposits Rating of “A3” with a “Positive” Outlook by Moody’s Investor Services and a Long-term Foreign Currency Rating of “A+” with a “Stable” Outlook by Capital Intelligence Ratings.

Gulf Bank has been recognized with numerous awards, spread over different sectors of its work, including consumer banking, wholesale banking, products, performance, marketing, human resources, and its corporate social responsibility program.

Gulf Bank is strongly committed to giving back to Kuwait and society through its Sustainability and corporate social responsibility program. The Bank supports numerous events focusing on youth, education, health and fitness, helping the underprivileged, women’s empowerment, as well as promoting Kuwait’s heritage and culture.