Gulf Bank has announced that the journey for the AlDanah Millionaire Account, offering a grand prize of KD 2 million, has entered its final phase. The draw for this record-breaking banking prize is set to take place on February 13, 2025, in the presence of representatives from the Ministry of Commerce and Industry and Ernst & Young.

This milestone reinforces Gulf Bank’s commitment to delivering extraordinary rewards and surprises. In October 2024, the bank achieved a historic moment by naming the largest number of banking prize winners in Kuwait, with 100 individuals each receiving KD 1,000. For the first time, the quarterly prize of KD 100,000 was shared among multiple winners rather than being awarded to a single recipient.

Gulf Bank has updated the AlDanah prize structure, making it even more rewarding for participants. The enhancements include raising the grand prize from KD 1.5 million to KD 2 million and redistributing the quarterly prize of KD 100,000 among 100 winners, each receiving KD 1,000. The updated structure now features two major prizes annually: KD 2 million in the annual draw and KD 1 million in the semi-annual draw. Additionally, monthly draws continue to award KD 1,000 to 10 winners, along with extra KD 100,000 draws, one of which is divided among 100 winners.

The AlDanah Millionaire Account is regarded as one of Kuwait’s best savings accounts, offering regular draws with valuable prizes and unique benefits for account holders. Monthly opportunities include KD 1,000 for 10 winners, two quarterly draws worth KD 100,000 each, a semi-annual draw with a KD 1 million prize, and the annual grand prize of KD 2 million.

A unique advantage of the Al-Danah Millionaire account is that it is the only account in Kuwait where your chances of winning carry over from one year to the next, as part of the bank’s loyalty and reward program.

To increase their chances of winning, customers must maintain a minimum deposit of KD 200 in the account or increase their balance to improve their odds of winning in the monthly, quarterly, and annual draws.

Gulf Bank aims to be Kuwait's leading bank, fostering a diverse and inclusive workplace to deliver exceptional customer service while contributing sustainably to the community. Through its extensive branch network and innovative digital services, the bank empowers customers to conduct banking transactions conveniently and efficiently, ensuring a seamless experience.

In alignment with Kuwait Vision 2035, "New Kuwait," and its commitment to fostering collaborative partnerships, Gulf Bank is dedicated to driving robust sustainability initiatives across environmental, social, and governance (ESG) dimensions. The bank is committed to implementing strategically selected and diverse sustainability programs both internally and externally.