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On 9 November 2015, Fitch Ratings upgraded Gulf Bank's Viability Rating after it was able to reinforce its company profile, as follows:
Ratings ElementsRatings DriversFitch has upgraded GB's Viability Rating (VR) to 'bb' from 'bb-' due to its stronger company profile post restructuring. The bank has completed a wide ranging restructur...
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Gulf Bank announces the winners of the "Win your outstanding balance back" Promotion
Kuwait-March 6, 2012: Gulf Bank recently announced Adnan Ibrahim Al Mutawa and Amina Al-Mulla as the winners of the third "Win your outstanding balance" draw.The promotion consisted of three draws an...
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Standard and Poor’s Affirms Gulf Bank Rating at “A-”
Kuwait, 22 July 2020: S&P Global Ratings has affirmed Gulf Bank’s Issuer Credit rating at A-/A-2.According to the recently published S&P Global Ratings commentary, the outlook revision follows...
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Gulf Bank Announces Commitment to Kuwait Vision 2035 “New Kuwait”
Gulf Bank welcomes Dr. Khaled A. Mahdi, Secretary-General of the Supreme Council for Planning and Development of KuwaitIn collaboration with stakeholders in the public and private sectors involved in ...
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Gulf Bank records a net profit of KD 57 million, an increase of 18% for the year 2018
Kuwait, 05 February 2019: Gulf Bank K.S.C.P. (“Bank”) announced its financial results for the year ending 2018.Financial SummaryNet profit increased from KD 48 million in 2017 to KD 57 million in 2018...
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Gulf Bank Concludes Bank-Wide Operational Risk Awareness Training
Kuwait – 15 February 2017: Gulf Bank recently concluded "Operational Risk Training" sessions for senior management at the Jumeirah Messilah Beach Hotel. The training was conducted by Fitch Learning, p...
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Gulf Bank holds a Q3-2021 Earnings Webcast
Tony Daher: Gulf Bank started the first nine months of 2021 positively, with an increase of 50% in net profit compared to the same period of last year. Gulf Bank grew its business in both the corpor...
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Gulf Bank Takes Leadership in Development of Kuwait's Human Resources
Kuwait, December 5, 2006: Gulf Bank is taking a leadership role in the development of Kuwait's human resources through a series of major strategic initiatives.Gulf Bank has signed an agreement to be t...
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Gulf Bank Launches Second Edition of “Data Ambassadors” Program
The first data quality and analytics program in Kuwait Mai Al-Owaish: 140 employees were awarded the title of “Data Ambassador” during 2022 Al-Owaish: “We believe that our employees are the cornerst...
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Gulf Bank Announces the Winners of the Al Danah Daily Draws for the Week of March 30th to April 3rd
Kuwait –April 13, 2014: Gulf Bank held its Al Danah daily draws on April 6, 2014, announcing the names of its winners for the week of March 30th to April 3rd. The Al Danah daily draws include draws ea...
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