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Gulf Bank and Suffix Celebrate the Success of the 11th Marathon Edition, Highlighting Key Performance Indicators and Community Impact

...accounting for 40.6% of total registrations. This achievement reflects the growing societal awareness of the importance of physical activity, wellness, and balanced lifestyles, as well as the increasi...

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Year End 2022

...accounting requirements by KD 124 million Total Provisions on Credit Facilities Gross Loans by Stages %(1) 400 300 n o i l l i M D K 200 100 0 300 112 313 124 189 190 31-Dec-21 6 2% 1 0% KD 5 12 bn 92...

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Gulf Bank holds its first quarter 2023 Earnings Webcast

...accounting perspective. But clearly any collections on these in the future will be booked as recoveries. And we also increased coverage on a corporate loan. So, the important point is the KD14.2m in Q...

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Gulf Bank holds its first quarter 2023 Earnings Webcast

...accounting perspective. But clearly any collections on these in the future will be booked as recoveries. And we also increased coverage on a corporate loan. So, the important point is the KD14.2m in Q...

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Gulf Bank Hosts Annual Kids Day: Promoting Work-Life Balance and Financial Literacy

Continuing its commitment to promote social sustainability, Gulf Bank recently organized its annual Kids Day, inviting over 150 children of its employees to join them at work. The event attracted part...

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Gulf Bank holds its first half 2024 Earnings Webcast

Sami Mahfouz: Kuwait's economy is benefiting from the relative stability in oil prices at current levels, bolstered by ongoing government initiatives aimed at diversifying the economy and fostering s...

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Gulf Bank holds a Q3-2021 Earnings Webcast

...accounts to keep the underlying cost of risk relatively stable, whilst improving coverage elsewhere.” He continued: “Overall, I think asset quality is moving in the right direction. Our NPL ratio came...

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Gulf Bank held its first half 2023 Earnings Webcast

Waleed Khaled Mandani: I am delighted to announce that during the first half of the year 2023, Gulf Bank achieved a strong financial performance as net profit grew by 18% to reach KD 35.8 million. W...

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Gulf Bank Visits Site of Bayt Abdullah Hospice

Kuwait " 8 May 2011: Gulf Bank recently visited the site of the Bayt Abdullah Children's Hospice, which is currently nearing completion. The hospice, which is due to be opened in November, is being fi...

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

The Rating upgrade improves the Image and is an affirmation of the Bankës inherent strength.This will also improve the Bankís access to the International Capital markets.Executive SummaryMoody Investo...

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