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Gulf Bank grows Net Profit by 39% in the First Quarter of 2021 Compared to the First Quarter of 2020

Despite the pandemic, Gulf Bank continues to generate profits, due to its prudent policies and conservative approach   Kuwait, 28 April 2021: Gulf Bank K.S.C.P. (“The Bank”) announced its financial ...

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Monthly Interest Deposit

...deposit amount On maturity the deposit is renewed automatically at the prevailing rate of interest The higher the deposit amount and longer the tenor, higher the interest rate Competitive rate of interest depending on tenor and deposit amount Interest rate is fixed for the entire tenor Secured depos...

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Gulf Bank Reports 11% increase in Net Profit

...November 6, October 2016: Gulf Bank has announced today a net profit of KD 32.8 million for the first nine months of 2016 compared to KD 29.6 million earned during the same period in 2015, an increase...

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Gulf Bank Announces 10 Winners of Prepaid Card Campaign

Kuwait, 29 July 2020: Gulf Bank held the draw for its prepaid card campaign on 5 July 2020 in the presence of a representative from the Ministry of Commerce and Industry, announcing the names of ten w...

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Gulf Bank Announces the Fifth Al Danah Monthly Winner of KD 100,000

...deposit money into the Al Danah account, either through branches, online, through Telebanking's 24/7 service by simply calling 1805805 or they can even use the Al Danah ATM deposit card to deposit mon...

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Moody's Investors Service upgraded Gulf Bank (KSC) credit rating as follows:

...deposit rating upgraded to 'A3' from 'Baa1';Baseline Credit assessment (BCA) and adjusted BCA upgraded to 'ba1' from 'ba2';Short-term deposit rating affirmed as Prime-2 and the Counterparty Risk Asses...

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Monthly Interest Deposit

...deposit amount On maturity the deposit is renewed automatically at the prevailing rate of interest The higher the deposit amount and longer the tenor, higher the interest rate Competitive rate of interest depending on tenor and deposit amount Interest rate is fixed for the entire tenor Secured depos...

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Gulf Bank Announces 2012 Quarterly Draws for KOC Employees

Kuwait-January 29, 2012:  Gulf Bank announced its continuation of the four quarterly draws for 2012, exclusive to KOC employees who have a Gulf Bank salary account. The eligible employees will be auto...

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Interest Paid on Maturity

...No restriction on maximum deposit amount On maturity the deposit is renewed automatically at prevailing rate of interest The higher the deposit amount and longer the tenor, higher the interest rate Interest rate is fixed for the entire tenor Secured deposit and interest is guaranteed on maturity Com...

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S&P Upgrades Gulf Bank's Credit Ratings to BBB with a Positive Outlook

...nomic crisis in 2009.Mr. Ali Al-Rashaid Al-Bader, Gulf Bank's Chairman, said: "Gulf Bank was the only bank in the region to receive both a rating upgrade as well as an improved outlook in Standard &am...

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