Kuwait – March 12th, 2014: Gulf Bank announced that it is implementing a global financial initiative for the first time across schools in Kuwait.  Entitled 'Learn Money Week', the program is taking place from March 10-17, 2014, and is designed to educate young people about the importance of employment, pursuing a career, and how to develop their entrepreneurial skills.

The 'Learn Money Week' program is part of a global financial education initiative led by Young Global Leaders and the Global Shapers of the World Economic Forum (WEF). Gulf Bank is assigning staff members to conduct the program across three schools in Kuwait; American Academy for Girls, Kuwait National English School and Indian Central School.

The program comprises two lesson plans - a primary lesson plan and a secondary lesson plan along with an educational and entertaining money game that can also be enjoyed by the family at home. The primary lesson plan is a two hour session for students aged from 9 to 14.  The session teaches them to set personal goals and how to differentiate between spending, saving, donating and investing money. The secondary lesson plan is a 100 minute long session for 11-16 year olds. It explores saving and borrowing and explains the concept of interest and the flow of money in the banking system.

In the longer term and in line with the Bank's Corporate Social Responsibility strategy, it aims to reinforce its belief in the importance of equipping young people with the knowledge and insight into the business world. Gulf Bank is committed to leading by example, making real and tangible contributions to the Kuwait community and specifically to the young people of Kuwait.

For more information about Gulf Bank's initiatives, visit one of Gulf Bank's 57 branches, call the Customer Contact Center on 1805805, or log on to www.e-gulfbank.com.

Hussain Arab lecturing the American Academy for Girls' students

during the  'Learn Money Week' initiative, a global financial

education initiative led by Young Global Leaders and the Global

shapers of the World Economic Forum (WEF) in which the Bank

implemented for the first time across