'Perfect Teacher' Award Recognises Kuwait's Sports Educators

Kuwait, May 28, 2007:  Gulf Bank is proud to be the main sponsor of the 'Perfect Teacher' award, the first of its kind, held at the Qais Ebin Aabi Alaas School in South Surra, recognising the achievements of sports education teachers in Kuwait's government schools. 

Thirty-eight schools participated in the 'Perfect Teacher' competition, highlighting the importance that Kuwait's schools are placing on sports and physical education. 

"'Perfect Teacher' is a perfect fit with Gulf Bank's values and sponsorship initiatives", said Mr. Louis  Myers, Chief General Manager of Gulf Bank. "Gulf Bank is committed to helping young Kuwaitis achieve their full potential, both on and off the sports field."

As a leading Kuwaiti employer, Gulf Bank actively supports programmes and organisations that foster the education, training and development of Kuwait's youth. Gulf Bank is a sponsor of Injaz Kuwait, a non-profit non-governmental organization dedicated to educating young people about business, economics and entrepreneurship. The Bank is also a major corporate supporter of the National Union of Kuwaiti Students (NUKS) U.S. Branch, and offers tailored banking services for school-age and tertiary students through its Freedom and Red programmes.

"Kuwait's young people are a precious resource for our country. It's important that young people are supported, motivated and inspired to achieve their best, in the sports arena, in the classroom and in their future careers," Mr. Myers concluded. "Gulf Bank congratulates the teachers who have been nominated for the 'Perfect Teacher' award and we applaud all of Kuwait's teachers for their important work."

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About Gulf Bank
Gulf Bank is Kuwait's second largest and fastest growing commercial bank.  Established in 1960, Gulf Bank has since progressed to becoming an industry-leading financial services provider complemented by a large network of 38 branches strategically positioned in key locations in Kuwait for the banking convenience of customers.

Gulf Bank has been awarded 'Best Bank in Kuwait' by Global Finance in 2007 and 'Best Retail Bank in the Middle East' in 2005, 2006 and 2007 by Banker Middle East. Gulf Bank routinely surpasses its competition by focusing on one simple strategy: delivering superior customer satisfaction. The Bank has consistently delivered strong financial results in a highly competitive market environment reflecting its focused and effective business strategies.

Gulf Bank continues to grow and evolve its leadership position within the Kuwait banking community as a result of its innovative Transformation and Actualization Strategies that have been the driving force behind its management, operations and remarkable success since 1999.

The main businesses of the Bank are Retail Banking, Corporate Banking, Treasury, International Banking and Investment Management.

© Press Release 2007