Kuwait " 11 October, 2009: Gulf Bank has launched a "Fixed Deposit Promotion" that provides its customers with the highest interest rates on secured fixed deposit accounts in Kuwait. The offer, which is for new money transfers, is available in Kuwaiti Dinars and other major international currencies and both Kuwaiti and non-Kuwaiti residents are eligible. In addition, the offer is available for a limited time only.

This will automatically entitle them to receive the highest interest rates available in Kuwait. Interest rates start at 2.625% for one hundred and fifty days and 2.375% for one hundred days in Kuwaiti Currency. In foreign currencies, interest rates start at 1.500% for one hundred and fifty days and 1.250% for one hundred days. The fixed deposit rates for foreign currencies are available in U.S. Dollars, Sterling Pounds and the Euro.

Gulf Bank also offers a variety of other fixed deposits; the first one is a regular fixed deposit which pays interest on maturity. The second type is a fixed deposit which provides interest in advance, whereby customers can receive their interest immediately. In addition, Gulf Bank also offers a monthly interest fixed deposit, where customers can obtain their interest on a monthly basis.

To find out more information about Gulf Bank's "Fixed Deposit Promotion", customers can visit any of Gulf Bank's 49 branches, call the Telebanking service on 1805805 or visit the Bank's website at www.e-gulfbank.com.