KUWAIT: Gulf Bank was honored with the prestigious “Best Prepaid Card Program in Kuwait” award for 2023 during the Mastercard MENA East Business Forum, held recently in Dubai. The ceremony, attended by numerous leaders in the regional banking industry, celebrated Gulf Bank’s outstanding achievements.

Expressing his satisfaction, Mohammed Taqi, Assistant General Manager of Consumer Banking, remarked, “We are thrilled to receive this award, affirming the exceptional features of Gulf Bank’s prepaid cards and our commitment to innovation and excellence in our product and services.”

Taqi highlighted the user-friendly and secure aspects of the Gulf Bank Mastercard Prepaid Card, ideal for managing daily expenses. He emphasized its versatility and suitability for use by all family members, along with the added benefit of substantial discounts at various restaurants, cafes, and shops. The partnership between Gulf Bank and Mastercard resulted in the creation of two innovative prepaid cards: Mouj, the first prepaid bank card in the Middle East to offer cashback, and Red Plus, the pioneering prepaid card designed exclusively for youth in the region.

These cards feature the most rewarding cashback program in Kuwait, contributing to an enriched overall customer experience. Taqi highlighted the distinctiveness of Gulf Bank’s cashback program, emphasizing its appeal by granting customers immediate cash rewards for both local and international spending. The cashback applies to various categories, encompassing supermarkets, fashion stores, restaurants, ticket reservations, hotels, and other expenses. Highlighting Gulf Bank’s dedication to providing an unmatched customer experience through innovative and user-friendly services, Taqi reassured customers of forthcoming offerings tailored to their needs and aspirations.

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 robust developments in sustainability at environmental, social and governance levels through diverse sustainability initiatives, strategically selected to benefit the Bank both internally and externally. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.