Winner will be announced as part of a virtual draw event airing on AlRai TV and Gulf Bank’s social media channels

 

Kuwait, 15 July 2021: Gulf Bank is preparing to announce the lucky winner of the AlDanah account’s semi-annual draw prize of 1 Million Kuwaiti Dinars. In compliance with national health requirements, Gulf Bank will be conducting the draw as part of a virtual draw event airing tonight at 7 PM on AlRai TV and the Bank’s various social media channels. The draw will also be held live in the presence of representatives from the Ministry of Commerce and from Ernst & Young.

 

Two Millionaires in 2021

 

Last year, Gulf Bank announced its new draw prize scheme for the AlDanah account in 2021. It is worth noting that the Bank has updated the draw prizes it distributes throughout the year, with a remarkable increase in the semiannual 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. The new draw prize scheme makes Gulf Bank’s AlDanah account one of the most rewarding savings accounts of the year, granting two people the opportunities of a lifetime: to become millionaires in 2021!

 

Two Millionaires This Year

 

Gulf Bank’s AlDanah draws will take place according to the following schedule:

 

 

Draw	Winners	Draw Prize
Monthly	10 Winners	KD One Thousand per winner (KD 1,000 per winner)
First Quarterly Draw	One Winner	KD One Hundred Thousand (KD 100,000)
Semi-Annual Draw	One Winner	KD One Million (KD 1,000,000)
Third Quarterly Draw	One Winner	KD One Hundred Thousand (KD 100,000)
Annual Grand Prize	One Winner	KD One Million and Five Hundred Thousand (KD 1,500,000)

 

Gulf Bank, Bank of the Future

 

On this occasion, the General Manager of Consumer Banking at Gulf Bank, Mohammed Al-Qattan, said: “The moment we have been waiting all year for is finally here, and we are closer than ever to revealing our newest AlDanah Millionaire! We would like to invite all our clients to join in on today’s celebration and enjoy the many surprises we have in store. We would also like to wish our AlDanah account holders the best of luck, as any one of them could be taking home the AlDanah prize! As one of Gulf Bank’s most long-standing and established savings accounts, the AlDanah savings account is designed to encourage a culture of saving in Kuwait, and to reward savers for committing to saving on a habitual basis. That is why we are always especially excited to announce the AlDanah winners as part of our periodic draws to reward them for saving, and to encourage everyone to take an even more active savings approach when managing their financial affairs.”

 

Exclusive Loyalty Program Increases Your Chances of Winning!

 

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 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 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.

 

Will You Be the Next AlDanah Millionaire?

 

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.