Gulf Bank participates in the Altakaful campaign for the second consecutive year

• Fahad Al-Sharrah: Alleviating Debt Distress From Debtors is part of Gulf Bank's many charitable initiatives throughout Ramadan

As part of its continuous efforts to consolidate the principles of social sustainability, and as part of its various charitable initiatives during the holy month of Ramadan, Gulf Bank announced its participation in the "Charity Begins at Home" campaign for the second consecutive year, organized by the local organization, Altakaful. The campaign aims to alleviate debt distress from debtors who are defaulted on their debts due to their economic circumstances.

On this occasion, the Assistant Manager of Corporate Communications at Gulf Bank, Fahad Al-Sharrah said, " We are keen to consolidate Gulf Bank's leadership in social sustainability, as we strive to achieve sustainability across all levels – socially, environmentally and economically – through a variety of programs that reflect the Bank's strategy and align with Kuwait's humanitarian goals."

Al-Sharrah mentioned that helping debtors reduces the distress of many families, especially those without breadwinners or children. The campaign is particularly noteworthy during Ramadan, as it is a month that exemplifies spiritual and human values. Gulf Bank was keen to support and relieve the distress of these families, and to help reunify debtors with their families and society, in addition to preserving the cohesion of the family unit.

Al-Sharrah added that this initiative is part of the various charitable initiatives launched by Gulf Bank during Ramadan to support the needy and their families, who face difficult circumstances. Other initiatives include distributing Ramadan food baskets "Majlat Ramadan" to needy families, in addition to other ongoing charitable initiatives throughout the month.

He indicated that for more than 60 years, Gulf Bank has been an integral part of Kuwait's economic and social history. Gulf Bank has always been keen to participate in community events, seizing every opportunity to support the needy in society, knowing full well the impact that these efforts have on local families.

Al-Sharrah also stated that Gulf Bank continues its strong commitment to sustainability programs – at community, economic and environmental levels – through many initiatives that are strategically selected to benefit the Bank and society. This falls in line with the Bank’s 2025 strategy, and with the United Nations Sustainable Development Goals and Kuwait Vision 2035.

Gulf Bank's vision is to be the leading Kuwaiti Bank of the Future. The Bank is constantly engaging and empowering its employees as part of an inclusive and diversified workplace in recognition of every employee’s role in delivering customer excellence and serving the community at large. With its extensive network of branches and innovative digital services, Gulf Bank is able to give its customers the choice of how and where to conduct their banking transactions, all while ensuring a simple and seamless banking experience.

Gulf Bank is committed to maintaining robust developments in sustainability at environmental, social and governance levels through diverse sustainability initiatives, strategically selected to benefit the Bank both internally and externally. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.