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14/12/2020

The Al Danah Account offered by Gulf Bank re-launches KD1,500,000 Grand Prize and adds a KD 1,000,000 Semi-Annual Draw Prize in 2021

AlDanah’s new draw plan includes monthly, quarterly and annual draws for draw prizes totaling up to more than KD 2,500,000!

Kuwait, 14 December 2020: Gulf Bank has announced its upcoming draws for the AlDanah account in 2021. The Bank has updated its draw prizes that are distributed throughout the year, with a remarkable increase in the semi-annual draw prize, which is now 1 Million Kuwaiti Dinars, the second largest prize following the annual grand draw prize of 1.5 Million Kuwaiti Dinars. Accordingly, the AlDanah account will be announcing two millionaires in 2021!

Gulf Bank’s General Manager of Consumer Banking, Mohammed Al-Qattan, encouraged Gulf Bank customers to take advantage of this opportunity, saying: “At Gulf Bank, we take pride in offering a multitude of creative solutions and programs that our customers can take advantage of. With this in mind, we have updated the structure of the AlDanah account’s draw prizes, and are proud to offer bigger and more valuable prizes to our winners. Starting in 2021, we will be naming one of our customers a new millionaire every six months, with the semi-annual prize winner taking home 1 Million Kuwaiti Dinars and the annual grand prize winner taking home 1.5 Million Kuwaiti Dinars! Throughout the year, we will also be distributing substantial quarterly and monthly draw prizes. We would like to remind everyone that the AlDanah account is available to both Gulf Bank clients and non-Gulf Bank clients alike, and to both Kuwaiti nationals and non-Kuwaiti residents.”

Starting this upcoming January, Gulf Bank’s AlDanah draws will be take place according to the following schedule:

As part of Gulf Bank's commitment to reward customers for their loyalty, the AlDanah account provides account holders with loyalty chances. Loyalty chances are the total chances gained at the end of the previous year, which are then transferred to the current year to reward the customer for their loyalty to the Bank. In that way, all chances garnered by existing AlDanah customers throughout 2020 have been transferred to the 2021 draws, and this will be repeated in 2022 and onwards. Terms and conditions apply.

Gulf Bank encourages AlDanah account holders to increase their chances of winning by increasing the amounts deposited into their accounts. With Gulf Bank, depositing into an AlDanah account is now easier than ever, as clients can deposit into their accounts using the ePay service, available through the Bank's Online/Mobile Banking services.

The annual draw for the year 2020 will be held on January 14, 2021 with a grand prize of 1.5 Million Kuwaiti Dinars.

The AlDanah account provides a multitude of valuable services to its customers, including access to an exclusive AlDanah ATM card, ideal for depositing money into their accounts at any time. Account holders can now also calculate their chances of winning the monthly, quarterly and annual draws using the AlDanah Calculator, available on Gulf Bank’s Online and Mobile Banking App.

Gulf Bank’s AlDanah 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 AlDanah 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. To participate in this year’s upcoming quarterly and annual AlDanah draws, customers must maintain the required balance.

To deposit into an AlDanah account, customers can visit one of Gulf Bank’s branches, or transfer directly through Gulf Bank’s Online/Mobile Banking services.

Mohammad Al-Qattan

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