Gulf Bank welcomes winners of red account draw to its HQ
KUWAIT CITY, June 5: Gulf Bank was pleased to welcome the new winners of the fifth monthly red account draw on Wednesday, May 31, 2017, and present them with their Apple prizes.
Al Jazy Musaed Farah Al Farhan Al Nawayem, winner of the iPhone 7 Plus- red product, Malak Salamah Saod Al Bathali, winner of the iPad Pro, and Bader Tareq Bader Fadhl, winner of the Apple Watch, all visited Gulf Bank Head Office where Ms Manal Barakat, Manager of red and Nassour — Consumer Banking, and Ms Aisha AlNasrallah, Relationship Officer, greeted them and handed them the prizes.
Gulf Bank’s red account draw was held in the bank’s head office on Monday, May 22, 2017, under the supervision of Ministry of Commerce and Industry.
Gulf Bank’s red is an account for high school students, college and university students aged between 15 and 25. Eligible customers will get the chance to enter the draw automatically and on a monthly basis, upon transferring their student allowances.
Each month, an iPhone 7 plus, an iPad Pro, and an Apple Watch will be gifted to three lucky winners monthly and until January 2018. The next draw dates are announced as follows: July 13, 2017 July 24, 2017 August 21, 2017 September 28, 2017 October 23, 2017 November 20, 2017 January 11, 2018 In addition to the Apple prizes, students will have the opportunity to win a Fiat 500c -Model 2017 at the annual car draw, upon transferring their allowance! Also, movie tickets at all Cinescape theatres will be available for only KD2 seven days a week by simply being a red account holder, not to mention the exclusive offers from Edfa3ly, which is an international internet shopping services company.
Gulf Bank invites all students to take part in its red account draws, as they might be the lucky winners for year 2017!
To take part in the red account draws, prospective customers can open an account at any one of Gulf Bank’s 56 branches, transfer online using the Bank’s App or through the bank’s website at www.e-gulfbank. com, or call the Customer Contact Center on 1805805. to stay ahead. One example of this is the gradual shift from banks looking to win the ‘battle of the balance sheet’, towards a focus on the ‘battle of the customer’ with banks looking at new ways to ensure loyalty by taking a customer experience focussed approach.”
Changing global regulatory requirements have clearly had an impact on the sector in the GCC with a number of positive changes being made to bring banks in line with new requirements. Capital adequacy ratios now stand at over 18 percent across the region – above the minimum limits set in Basel III, reflecting effective capital raising activity.
Similarly, Basel III requirements are the likely reason for a rise in liquidity ratios across most countries, demonstrating a commitment to adhere to broader global regulations.
Bhavesh Ghandhi