Post by K.theKuwaiti
I decided to stop by and check out some of the Gulf Bank branches yesterday; there was a long queue at every location. Customers almost caused a riot trying to withdraw their money. Gulf Bank were limiting the amount a person could withdraw, but the customers still managed to withdraw over 4 million KWD in cash from the bank!
The aftermath of this issue is going to result in some major overhauls at the Gulf Bank. For an explanation of what happened to Gulf Bank check out the article Gulf Bank of Kuwait Shipwrecked.
Posted by K.