Al-Khalij contributes $3 million to the Emergency Response Fund
This contribution reflects Gulf Bank’s commitment to continuing its pivotal role in supporting national initiatives that enhance the country’s capacity to address various changes and circumstances, in line with its dedication to supporting Kuwait Vision 2035 and contributing to its objectives of building a sustainable economy and a more prepared and resilient society, consistent with its role as a key partner in the journey of comprehensive development.
Gulf Bank emphasized that this contribution underscores its belief in the importance of integrating efforts between the public and private sectors, and that strengthening national preparedness and ensuring the sustainability of essential services is a shared responsibility that contributes to protecting national achievements, consolidating the foundations of security and stability, and guaranteeing the continuity of development under all circumstances.
The bank noted that sustainability is a fundamental pillar of its corporate strategy, as it continues to launch and support distinctive initiatives in economic, social, and environmental fields, driven by its conviction in the importance of investing in people and society and fostering partnerships that yield long-term positive impacts. The bank also strives to apply best sustainability practices across its various operations and initiatives, in alignment with the Sustainable Development Goals and in support of the directions of Kuwait Vision 2035.
The bank clarified that its contribution to the Kuwait Emergency Response Fund is an extension of its extensive track record of supporting national and community initiatives in areas such as education, youth empowerment, entrepreneurship, financial inclusion, volunteerism, and environmental conservation, based on its belief that the banking sector is a key partner in achieving sustainable development and enhancing the quality of life in society.
It is worth noting that the Board of Directors of the Kuwait Fund for Arab Economic Development allocated $100 million as a founding contribution to the Kuwait Emergency Response Fund, which was established by a Cabinet decision to finance and support national initiatives that enhance the country’s ability to respond to emergency requirements and ensure the continuity of essential services under all circumstances.
