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S&P Upgrades Gulf Bank's Credit Ratings to BBB with a Positive Outlook
...from stable to positive. The positive outlook indicates the Bank's financial profile could further improve over the next 12-24 months, especially in terms of asset quality, as well as capitalization. ...
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Gulf Bank records an increase of 10% in Net Profit for H1 2017
...for the same period, representing 38% of total equity.Commenting on the results, Mr. Omar Kutayba Alghanim, Gulf Bank Chairman, said:” We are pleased with our Bank’s solid performance for the first ha...
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Gulf Bank records a net profit of KD 62 million in 2022, an increase of 47% over 2021
...for asset quality, the non-performing loans (NPL) ratio stood at 1.1% as of 31 December 2022, compared to the prior year level of 0.9%. Additionally, the Bank continues to have significant non-perform...
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Gulf Bank Continues "GB Talks" Series to Drive Innovation and Creativity
...for employees and the "Datathon" competition, open to all. The "Fekrety" and "Datathon" competitions are integral to Gulf Bank’s strategic efforts to drive positive changes in data and analytics, sta...
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Gulf Bank to manage Flex Resorts Private Placement
...from Gulf Bank and Mr. Hussein Jaafar Al Sayegh, Mr. Khaled Jaafar Al Sayegh, Mr. Abdul Reda Abbas, Mr Anwar AL Beloushi from Flex.
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Gulf Bank records an increase of 10% Y-o-Y in Net Profit For the First Nine Months of 2017
...formance in the first nine months of 2017. This has reflected positively on earnings per share as it grew by 10% to 12 fils per share for the first nine months of 2017 compared to the previous year.”C...
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Gulf Bank Distributes Ramadan Food Packages to Underprivileged Families in Al-Jahra in Partnership with City Hypermarket
...for several days. This initiative is one of many charitable efforts Gulf Bank organizes during Ramadan, reflecting the Bank’s long-standing commitment to the Kuwaiti community. For over 60 years, Gul...
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Gulf Bank Reports Net Profit KD 30.6 Million in 2011
...for the forthcoming four years - up to 2015." Al-Bader continued.Key Performance Indicators:General View on Performance in 2011 During 2011, Gulf Bank launched its "We Promise" program offering its cu...
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