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Year End 2024
...3103 099 6(3 4)-3%370 0403 533 59%2Interest Expense(50 8)(53 0)(56 2)(59 5)(60 2)(63 0)(63 3)(60 7)2 64%(219 5)(247 2)(27 7)-13%3Net Interest Income34 836 838 740 138 439 239 738 9(0 7)-2%150 4156 25 ...
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Tony Daher: Gulf Bank is on the right path to achieving its goal of becoming the Bank of the Future
...31 March 2021, Gulf Bank’s total provisions reached KD 293 million with IFRS 9 ECL requirements at KD 197 million, allowing the Bank KD 96 million in excess provisions, representing 33% of total provi...
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Gulf Bank Wins Two Prestigious Awards from International Finance Magazine
...both the Bank’s commitment to delivering the most innovative financial products and easy-to-use products. It also reflects the dedication of the Gulf Bank team in delivering excellent customer service...
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Gulf Bank Reports Net Profit KD 18.3 Million First Half 2011
...33.7 million to reach KD 65 million, in line with its plan to create a "fortress balance sheet" and to further its capacity to grow and expand." He elaborated.Key Performance indicators:General view ...
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Kamco Invest and Gulf Bank successfully complete the issuance of the largest KWD dominated corporate bond
...3.00% above the Central Bank of Kuwait’s discount rate with a cap of 7.75% per annum. The coupon on both tranches will be paid semi-annually, with first payment commencing end of June 2023. Kamco Inve...
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Gulf Bank holds its first half 2022 earnings webcast
...30.3. The increase of 13.8 in the first half of 2022 was mainly driven by a 13.5 drop in total provisions. The Cost of Risk for the first half of 2022 was only 33 basis points compared to 112 last yea...
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Gulf Bank Adds KD 1.5 Million to AlDanah Winner’s Account
...3 years. Al-Saffar pointed out that Gulf Bank has always been exceptional in the services and the attention it dedicates to customers, both in terms of the services it provides at its various branches...
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Gulf Bank to Announce AlDanah Account’s Third Quarterly Draw Winner of KD 100,000 Tomorrow
...30, 2021 Annual Grand Prize January 13, 2022 One Winner KD One Million and Five Hundred Thousand (KD1,500,000) September 30, 2021 To increase their chances of winning, account holders must ei...
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