'Gulf' Bank Wins Excellence Award in Private Banking

In a new achievement reflecting its leading position in wealth management, Gulf Bank was awarded the “Excellence in Private Banking for High Net Worth Individuals in the Middle East” prize at the prestigious Private Banker Awards 2026. The award highlights Gulf Bank’s continuous development in the wealth management sector and the success of its strategy in delivering integrated, innovative banking and investment solutions that meet the needs of diverse customer segments, in line with the highest global standards, thereby reinforcing its position as a trusted financial partner for its clients. It also underscores the bank’s ongoing commitment to enhancing its banking services and providing a more distinguished and comprehensive customer experience through an integrated suite of banking, investment, and lifestyle services designed to meet their evolving needs and aspirations.

Speaking on the occasion, Abdulrahman Al-Khabizi, Deputy General Manager of Personal Banking – Wealth Management at Gulf Bank, said: “We are proud that Gulf Bank has received this prestigious award, which represents a new international endorsement of the quality of the services and financial solutions we provide to our clients. It reflects the sustained efforts of our team to develop an integrated banking experience rooted in innovation, excellence, and a deep understanding of customer needs. This recognition also confirms the success of our strategy in wealth management and premium banking, and it motivates us to continue investing in the development of our products and services to ensure the delivery of the highest levels of value and service to our clients.”

He noted that Gulf Bank offers a more personalized banking experience for its Premium Banking customers who hold deposits or cash and investment assets ranging between 100,000 and less than 500,000 Kuwaiti Dinars, or who receive a monthly salary of 3,500 Kuwaiti Dinars or more. Each customer is assigned a dedicated relationship manager who serves as the primary point of contact for meeting their banking and investment needs, along with a range of exclusive services and benefits. Customers whose financial standing exceeds these thresholds join the Private Banking segment, enjoying greater benefits and opportunities.

On her part, Saba Al-Fusam, Assistant General Manager of Premium Banking, said: “Premium Banking customers enjoy a wide range of privileges, including priority service at branches and the call center, a distinctive debit card with higher withdrawal limits, exclusive investment products and opportunities, as well as special offers and discounts from a selected group of partners, among other exclusive benefits.”

She added that Premium Banking customers receive distinctive credit cards, including Visa Infinite and Mastercard World, with numerous advantages. Key benefits include the free issuance of primary and supplementary cards, subject to terms and conditions, concierge services, and access to airport lounges worldwide, ensuring a comprehensive banking experience that goes beyond traditional services.

Al-Fusam emphasized that Premium Banking services are designed to combine Gulf Bank’s rich banking expertise, accumulated over more than 65 years, with the specialized investment services offered by the bank’s investment arm, Invest GP, along with a suite of exclusive benefits that help customers manage and grow their wealth more efficiently.

The bank confirmed that customers today are seeking more personalized and flexible banking services, which the program provides by combining the personal support of a dedicated relationship manager, carefully selected investment products, and banking privileges that deliver an exceptional customer experience at every stage of their interaction with the bank. This reflects Gulf Bank’s commitment to building long-term relationships with clients by delivering genuine added value that goes beyond traditional banking services. Gulf Bank continues to develop its service and product offerings to keep pace with developments in the banking sector and evolving customer needs, reaffirming its commitment to providing the best financial and banking solutions that support customers’ objectives and help them achieve their future aspirations, thereby strengthening its position as one of the leading banking institutions in Kuwait.

With total assets of KD 8.1 billion, Gulf Bank is one of the leading banks in Kuwait, with total assets amounting to KD 8.1 billion as of the end of June 2026. It offers a wide range of personal banking and corporate banking services, as well as treasury and other financial services, through a large network comprising 48 branches and more than 255 ATMs. Gulf Bank has maintained its “A” rating from the three major credit rating agencies.