Kuwait- June 7, 2009, 2009: Gulf Bank announced today that it has reached a milestone for the business and the banking industry of Kuwait.  80% of the Bank's branch employees are Kuwaiti and 43 of its 47 branches across Kuwait (90% of its branches) have a Kuwaiti branch manager.

"This is a significant  accomplishment for the Bank which has had a long-term strategy of recruiting and developing Kuwaiti talent, and of investing in community initiatives that encourage young people to join the banking sector", said the Chairman of Gulf Bank, Mr. Ali Al-Rashaid Al-Bader.

Over  310 new Kuwaiti employees have been hired by Gulf Bank since the beginning of the year in various departments including Retail, Operations, IT, HR and Marketing with continuing job opportunities open to professional Kuwaitis, who would like to have a challenging career with Gulf Bank.

Gulf Bank is committed to delivering world class banking services to the market.  At the heart of the Bank's success is a highly motivated and experienced staff that thrive in a corporate culture, combining superb teamwork and a passion for excellence to continually deliver the best possible services and product range.  Gulf Bank remains proud of each and every member of its professional and valued staff and remains committed to developing and investing in the future of Kuwait.