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2nd Quarter 2025
...Letters of credit and acceptances Undrawn irrevocable commitments Undrawn revocable commitments The contractual terms entitle the Group to withdraw undrawn revocable facilities at any time 12 DERIVATI...
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Gulf Bank records a net profit of KD 29 million in 2020
...cess provisions of KD 112 million compared with KD 106 million a year ago. This was the third straight year since IFRS 9 was introduced where the Bank’s excess credit provisions exceeded KD 100 millio...
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Gulf Bank’s Disclosure on its Analysts Conference Call Script for Q2, 2024
...leased to announce the successful completion of Phase II of our core banking system, a significant milestone journey towards advancing customer centricity This achievement strengthens our operational ...
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Travel Insurance
...Credit Cardholders are eligible for Free Travel Insurance when booking airline tickets. The Insurance Certificate is mandatory before submitting an insurance claim. Click here to print the Form The available channels to obtain the certificate are: All Gulf Bank branches Or follow the steps below F...
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Gulf Bank Reports Half Year Results
...ceded and the credit portfolio was affected by the default of certain customers in Saudi Arabia; necessitating enhancement of the provisions in accordance with the Bank's conservative policy and the p...
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Year End 2019
...Credit Provisions exceed IFRS9 accounting requirements by KD 106 million Total Credit Provision Comparison between total provisions and IFRS 9 Excess Credit Loss (ECL) on credit facilities (KD Million...
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Gulf Bank holds its Third Quarter 2022 Earnings Webcast
...ce compared to the US Fed. Since the beginning of the year, the Central Bank of Kuwait has raised its key discount rate 6 times, 25 basis points each, bringing the discount rate to its pre-covid level...
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3rd Quarter 2025
...Letters of credit and acceptances Undrawn irrevocable commitments Undrawn revocable commitments The contractual terms entitle the Group to withdraw undrawn revocable facilities at any time 12 DERIVATI...
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- Interim Results