Winner claims a cash prize of KD 250,000

Kuwait, 05 August 2020: Gulf Bank welcomed Mr. Hamad Abdullah Al Awadh, the winner of the second Al Danah quarterly draw of the year, at the Bank’s head office. During the course of the visit, Mohammad Al-Qattan, Deputy General Manager Consumer Banking at Gulf Bank, and other senior management representatives awarded the lucky winner with the KD 250,000 cash prize.

The draw took place on Thursday, July 16, 2020 after initially being postponed in April 2020 due to restrictions imposed by the coronavirus pandemic.

Commenting on the second quarterly Al Danah draw of the year, Mohammad Al-Qattan, Deputy General Manager of Consumer Banking at Gulf Bank said: “We are very excited to congratulate Mr. Hamad Abdullah Al Awadh for winning Gulf Bank’s second Al Danah quarterly draw of the year, especially following the brief hiatus in draw announcements. We would like to remind all our customers that they can still enter for a chance to win the annual Al Danah draw, which will be held in January 2021, for the grand prize of 1.5 million Kuwaiti Dinars!”

Gulf Bank’s Al Danah draws are bigger than ever, with an annual draw prize of KD 1.5 million. This year’s annual draw is scheduled to take place on January 14, 2021 with the last chance for customers to be able to deposit into their accounts, and therefore be eligible for the draw, on September 30, 2020.

Gulf Bank encourages customers to increase their chances of winning with Al Danah by depositing more into their Gulf Bank accounts using the new ePay (Self-Pay) service, which is available on Gulf Bank’s online and mobile banking services.

Gulf Bank’s Al Danah account is open to both Kuwaiti and non-Kuwaiti residents of Kuwait. A minimum of KD 200 is required to open an account and the same amount must be maintained for customers to be eligible for the upcoming Al Danah draws. If the customer’s account balance falls below KD 200 at any given time, a KD 2 fee will be charged to the account monthly until the minimum balance is met. Customers who open an account and/or deposit more will enter the daily draw within two days. Gulf Bank’s Al Danah draws take place throughout the year, with cash prizes totaling more than KD 2 million.

Al Danah offers several unique services to customers, including the Al Danah Deposit Only ATM card, which allows account holders to deposit money into their accounts at their convenience. Account holders can also calculate their weekly, quarterly, and yearly chances of winning the draws through the ‘Al Danah Chances’ calculator available on the Gulf Bank website and app.

To take part in the upcoming Al Danah quarterly and yearly draws, customers must meet the required hold period for each draw. Al Danah chances are added on a daily basis, and the more customers save and the longer they save for, the higher their chances of winning. Furthermore, loyal customers will be rewarded and have their previous year’s chances transferred to the next year.