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3rd Quarter 2025
...PROFIT BEFORE PROVISIONS / IMPAIRMENT LOSSES Charge (release) of provisions: - specific - general Loan recoveries, net of write-off Net provision on other financial assets OPERATING PROFIT BEFORE ’SRO...
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Gulf Bank records KD 45.7 million in Net Profit for the first nine months of 2022
...profit of KD 45.7 million, an increase of KD 18.2 million or 66% compared to 2021 first nine months net profit of KD 27.5 million. Subsequently, the Bank’s return on assets improved from 0.6% in t...
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Receivables Management
...FCY Remittances of funds from one bank to another, either locally or internationally, in local or foreign currencies. Cash deposit/ withdrawal via the huge branch network with all deposit details for accurate reconciliation. Regular cheque collections in LCY & FCY Vanilla cheque collections (pos...
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2nd Quarter 2012
...PROFIT BEFORE PROVISIONS / IMPAIRMENT LOSSES Charge of provisions: - specific - general Loans (recoveries)/ written-off Impairment loss on investments available-for-sale OPERATING PROFIT Contribution ...
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1st Quarter 2024
...Profit 2 Operating Profit before Provisions 3 Gross Loans and Advances(1) (26%) 17 3 12 9 s n o i l l i m D K +6% 25 0 26 6 +3% s n o i l l i m D K 5,490 5,667 Q1 2023 Q1 2024 Q1 2023 Q1 2024 31-Dec-2...
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Gulf Bank records an increase of 18% in Net Profit for the First Nine Months of 2018
...profit of KD 42.7 million in the first nine months of 2018, an increase of 18% over the same period in 2017. In Q3 2018, Gulf Bank reported a net profit of KD 16 million, an increase of 19% compared t...
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Gulf Bank Receives International Stevie' Award In Third Annual International Business Awards
...providing world-class training; and ensuring smooth delivery of the HR role and functions for all internal customers." He concluded, " I am extremely proud of this hard-working team. It is my pleasure...
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Gulf Bank records KD 45.7 million in Net Profit for the first nine months of 2022
...profit of KD 45.7 million, an increase of KD 18.2 million or 66% compared to 2021 first nine months net profit of KD 27.5 million. Subsequently, the Bank’s return on assets improved from 0.6% in the ...
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