Kuwait Times, Wednesday, Apr 20, 2022 | Ramadan 19, 1443
Gulf Bank alleviates debtors’ debts during Ramadan
Kuwait:
As part of its commitment towards social sustainability during the holy month of
Ramadan, Gulf Bank announced its participation in the campaign “Charity Begins
at Home” organized by local organization, Altakaful. The campaign aims to
alleviate the distress of debtors, who are burdened with debts and have been
unable to pay them due to various economic conditions.
On this occasion, the manager of Corporate Communications at Gulf Bank, Lujain
Al-Qenaei, said: “We are keen to consolidate the 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.”
She pointed out that helping debtors alleviates the distress of many families,
especially those without breadwinners or children. The campaign is especially
noteworthy during Ramadan, a holy month that exemplifies spiritual and human
values. Gulf Bank was keen to support efforts designed to relieve the anguish of
these families, and to help reunify debtors with their families and society, in
addition to preserving the cohesion of the family unit.
“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 disadvantaged groups in
society, knowing fully well the impact these efforts have on local families
during the holy month,” she added.
Qenaei added that this initiative is part of a larger set of social
sustainability programs that Gulf Bank regularly organizes and participates in,
especially during the holy month of Ramadan. This year, Gulf Bank employees
volunteered to support the Red Crescent’s latest effort to distribute electrical
appliances to disadvantaged families in Kuwait, and distributed Iftar meals with
the Kuwait Food Bank. Gulf Bank also supported the United Nations High
Commissioner for Refugees (UNHCR) in covering costs for refugee families’ needs,
and launched a week of activities at 360 Mall, with multiple sports and health
events, competitions, and prizes.
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 a robust sustainability program at the
community, economic, and environmental levels through sustainability initiatives
that are strategically selected to benefit both the country and the Bank. Gulf
Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to
achieve it.