Gulf Bank raises awareness over cryptocurrency and forex risks

Gulf Bank raises awareness over cryptocurrency and forex risks

KUWAIT: As part of its ongoing commitment toward social sustainability, and its keenness to enhance financial literacy and education, Gulf Bank is keen to direct its customers to proper channels of saving and investment and educate the general public about the risks of unsafe investments. The initiative has been an ongoing priority that the Bank has been promoting through its various channels, including social media, its website, and more.

Earlier this year, Gulf Bank affirmed that it will continue to spearhead various efforts in support of the Diraya campaign in its second year. Initiated by the Central Bank of Kuwait and the Kuwait Banking Association, the Diraya campaign is an awareness campaign that aims to spread financial literacy in society, raise awareness of the role of the banking sector, and promote the various services that banks offer to their customers.

Deputy Director General of the Economic Research Unit at Gulf Bank, Tareq Al-Saleh, stated that Kuwaiti banks provide various products and services that assist customers in managing their investments and increasing their returns. These products include investment deposits, investment funds and various savings accounts, which are subject to the supervision of the Central Bank of Kuwait and the Kuwait Banking Association, and