KUWAIT CITY, Oct 17: As part of its commitment to rewarding customers, Gulf Bank has announced 100 winners in the AlDanah Millionaire Account’s latest prize draw, with each winner receiving a KD 1,000 reward. This marks the first time the bank has distributed the quarterly prize of KD 100,000 among 100 winners, rather than awarding the full amount to just one individual.

On this occasion, Mr. Bader Al-Ali, Acting General Manager of Consumer Banking at Gulf Bank, congratulated the 100 winners and wished other AlDanah Millionaire Account holders the best of luck in upcoming draws across all categories.

Mr. Al-Ali noted that customers who did not win this time will still have numerous opportunities to participate in upcoming draws, leading up to the grand prize of KD 2 million, which will be drawn on January 30, 2025. The final date for deposit and participation in the draw is November 30, 2024.

He affirmed that the bank will continue to invest generously to provide an exceptional customer experience through its advanced digital capabilities, and by enhancing the skills of its employees – in line with its strategy to establish Gulf Bank as the "Bank of the Future."

Gulf Bank’s Chief Marketing Officer, Mrs. Najla Aleisa, explained, “The bank’s decision to distribute the quarterly prize among 100 winners came in response to customer feedback. We are committed to regularly gathering our customers' opinions and suggestions to improve our products and services in line with their needs."

She continued, “For more than 25 years, the Al-Danah Millionaire account has enabled us to build strong customer relationships and achieve significant milestones, reinforcing our commitment to sustainability and supporting impactful community initiatives and events."

Mrs. Aleisa concluded, "We are excited to keep rewarding our customers for saving with the Al-Danah Millionaire account and encourage everyone to continue depositing to increase their chances of winning in the many draws held throughout the year.

Earlier, Gulf Bank revised the AlDanah Millionaire Account draw schedule twice. The first change increased the grand prize from KD 1.5 million to KD 2 million, while the second change involved distributing the quarterly KD 100,000 prize among 100 winners rather than just one.

The revised schedule now includes two major millionaire draws annually: the grand prize draw for KD 2 million and the semi-annual draw for KD 1 million. Additionally, there will be 10 winners in the monthly draws, each receiving KD 1,000, and another draw distributing KD 100,000 among 100 winners, with each receiving KD 1,000.

The Al-Danah account is one of the top savings accounts in Kuwait, offering regular draws with valuable prizes and numerous benefits for account holders. Each month, 10 winners receive KD 1,000. Additionally, there are two quarterly draws of KD 100,000 each, a semi-annual draw with a prize of KD 1 million, and an annual grand prize draw of KD 2 million.

One of the key features of the Al Danah Account is that it is the only account in Kuwait that transfers your chances of winning from the previous year to the next, as part of the bank's loyalty rewards program. To increase the chances of winning, customers are encouraged to maintain a minimum balance of KD 200 or increase their deposit to continuously enhance their chances of winning in the monthly, quarterly, and annual draws.

Gulf Bank aims to be Kuwait's leading bank, fostering a diverse and inclusive workplace to deliver exceptional customer service while contributing sustainably to the community. Through its extensive branch network and innovative digital services, the bank empowers customers to conduct banking transactions conveniently and efficiently, ensuring a seamless experience.

In alignment with Kuwait Vision 2035, "New Kuwait," and its commitment to fostering collaborative partnerships, Gulf Bank is dedicated to driving robust sustainability initiatives across environmental, social, and governance (ESG) dimensions. The bank is committed to implementing strategically selected and diverse sustainability programs both internally and externally.