Kuwait-28 August, 2008: Gulf Bank continues its strong growth, reaffirming its strong customer oriented strategy towards delivering premium banking services and strengthening its position within the local economy.

Gulf Bank's committed expansion plan reinforces its strategy in diversifying its branches throughout Kuwait, ultimately strengthening the bank's position and providing solid grounds to its premium services within the local market.  This expansion strategy comes at a time where some local banks are limiting a substantial number of their branches.

Gulf Bank's dedicated plan assures customers with a continuation of excellent chains of new state-of-the-art branches and qualified staff members, ready to serve customers.

The aggressive expansion strategy endorsed by Gulf Bank provides its customers with the best financial solutions. New Branches with new creative products and special services will be tailored to customer needs, and therefore assist in always seeking the best means of client servicing.

The latest branch opening ceremony was in Mangaf, allowing expansion to 44 branches. The 44th branch opening ceremony was attended by the Governor, senior management, and representatives from Gulf Bank.