Kuwait – 2 December 2015: Gulf Bank concluded its collaboration with Kuwait University's (KU) College of Business Administration's Accounting Club (ACC) to launch 'Coffee Breaks with Red'. The event took place at the university's Red student lounges for male students at the Shuwaikh campus on 30 November 2015 from 12p.m. until 2p.m.

'Coffee Breaks with Red' was a special recruitment event for KU's male students, while Gulf Bank's Human Resources (HR) team discusses the available opportunities for fresh graduates at the Bank. Gulf Bank boasts 64% Kuwaiti workforce and is dedicated to increasing that number by employing the most talented graduates.

In November last year, Gulf Bank had inaugurated the red student lounges at the Business and Administration College, one provided for male students and the other for female students, which serve as study lounges as well as helping them to become familiar with the Bank's red account and other banking products and services.

The Bank remains strongly committed to supporting youth events and initiatives and doing its part to help empower the next generation of Kuwaitis.

Earlier this April, Gulf Bank had launched its new red program tailored for youth customers, including monthly cash draws and quarterly car draws. New red customers who open an account and transfer their allowance will be eligible to enter the monthly cash draw for a chance to win up to KD 1,500. In addition to the mega draw where a lucky customer will have the chance to win a Cadillac SRX. Gulf Bank has also partnered with ZAIN, where red customers are exclusively offered the latest smartphone bundles or internet plans.

The red account is designed for university and college students aged 15 to 25 years old.  Amongst other benefits, account holders receive an ATM card and there is no deposit required to open the account or minimum balance charge.

Gulf Bank will continue to reach out to youth through ongoing programs which provide encouragement and support during their education, and by providing practical, superior services and attractive promotions which are designed specifically for the younger generation.

For further information about Gulf Bank's red account, visit one of Gulf Bank's 56 branches, call the Customer Contact Center on 1805805, or visit the bank's bilingual website at www.e-gulfbank.com.

Gulf Bank's management team along with Kuwait University students