Gulf Bank has been voted "Bank of the Year" by Arabian Business, one of the leading and well-known business publications in the Gulf. Gulf Bank's CEO & CGM, Louis Myers, received the award that was given as part of the Arabian Business Kuwait Awards 2008 event held recently.

Gulf Bank was one of 15 companies from across the Kuwaiti business spectrum recognized in the annual awards ? and was identified as the best bank in Kuwait by the magazine.

Commenting on the award, Gulf Bank Chairman and Managing Director, Mr. Bassam Alghanim said: "We are very proud to have been recognized as the Bank of the Year in Kuwait by one of the region's most widely respected business publications. This, once again, shows how we are being so effective in delivering the highest quality of products and services to our rapidly growing customer base here in Kuwait."

The new award is the latest in a series of accolades that Gulf Bank has received in 2008 ? reinforcing the Bank's reputation as a bank that is fully committed to serving the local needs of its Kuwaiti customer base by its simple strategy of providing superior customer satisfaction and investing in products, services and community initiatives as it grows as one of the leading financial institutions in the Kuwaiti market.

Gulf Bank has recently been awarded "Best Branch Concept Design and Environment in the Middle East" by Banker Middle East, in addition to ?Best Retail Bank in Kuwait' by Asian Banker, 'Best Foreign Exchange Bank in Kuwait', 'Best Bank in Kuwait' and ''Best Internet Bank in Kuwait' by Global Finance in 2007 and 'Best Retail Bank in the Middle East' for the three years in a row by Banker Middle East.