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Kuwait’s Gulf Bank unveils ‘Neo Kids’ Account

Kuwait’s leading financial institution, Gulf Bank has officially launched the Neo Kids savings account in order to provide the best products and services to all customer segments.

The bank said in a statement that parents can open a Neo account for children up to the age of 14 without a minimum balance or fees. It provides a simple and secure way for parents to build their children’s financial future, helping them learn the value of saving and financial responsibility from an early age.

On this occasion, Najla Al-Eisa, Deputy General Manager of Consumer Banking at Gulf Bank’s Marketing Department, stated that, “We are delighted to launch the Neo savings account for children, which is the revamped version of the ‘Nassour’ account. This corresponds with the substantial advancements observed by the bank and its commitment to delivering high-quality products and services.”

Al-Eisa further noted that the Neo account, which offers two aesthetically designed cards in either red or blue to cater to both boys and girls, comes with exclusive benefits aimed at motivating them to save.

Gulf Bank Neo Kids
Neo Account offers two designed cards for boys & girls in blue or red colors.

“The Neo account provides a simple and secure way for parents to build their children’s financial future, helping them learn the value of saving and financial responsibility from an early age. It is worth noting that the account is suitable for all children up to the age of 14, and parents can open the account without a minimum balance or fees at all Gulf Bank branches,” the Deputy GM added.

As per the statement, 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.

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