Kuwait " July 28, 2011: Gulf Bank announced that it is sponsoring various sports events throughout the year for the Australian College of Kuwait (ACK). In addition, the Bank will also exclusively sponsor the ACK scoreboard for 2011/12.

Yaser Sulaiman, Executive Manager, Consumer Banking Group at Gulf Bank said, "We are proud of being sponsors of ACK's sports events. The combination of health and education is an integral factor in helping the youth to become successful in life.

The redTM program helps put youth on the right path to financial responsibility. This special account holds many benefits that can be of great use to young people.  For example, to open a redTM account, there are no requirements to place a deposit or have a minimum balance.  And, once their account is open, RedTM card holders get to enjoy endless discount offers  at shops and restaurants, a competitive monthly interest rate, free branded MasterCard ATM cards, free online banking at e-gulfbank.com, and a free mobile banking service in the first year.

University and college students can open a redTM account quickly and easily. The account requires no deposit to open and is available for both current and savings accounts with monthly interest payments.

Gulf Bank remains committed to providing innovative, value-added services to its customers, providing entertainment and excitement at all levels.

Yaser Sulaiman, Executive Manager, Consumer Banking Group

with Dr.Raghad Al-Kazemi, Director of Student Affairs

at the Australian College of Kuwait