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Moody's Upgrades Gulf Bank's
Kuwait, September 11, 2006: Moody's Investors Service has raised Gulf Bank's short-term foreign currency deposit rating from Prime-2 to Prime-1. The short-term foreign currency deposit ratings of anot...
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Ahmad Mohammad Al-Bahar Appointed Chairman of Gulf Bank's Board of Directors
Gulf Bank’s Board of Directors convened yesterday (Tuesday) and unanimously approved the reformation of the Board. Mr. Ahmad Mohammad Al-Bahar has been appointed Chairman of the Board, with Mr. Ali Mo...
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Gulf Bank launches “10 Minute” social Ramadan campaign for mental and physical well-being
Kuwait, 12 May 2019: As part of its ongoing Ramadan initiatives this year, Gulf Bank has launched its latest social media activation in recognition of the importance of maintaining a healthy lifestyle...
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The New Gulf Bank App Offers the Fastest Payment Link Service in Kuwait
Customers are now able to send payment links in 3 easy steps, without the need to log into the app Bader AlAli: The app’s new services have been positively received across various customer segments ...
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Gulf Bank celebrates inauguration of Salmiya Cube Mall branch
Kuwait, 5 December 2018: Gulf Bank celebrated the inauguration of its Salmiya Cube Mall branch, located on Salem Mubarak Street. The branch extends Gulf Bank’s premium financial services offering whil...
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Gulf Bank Achieves 80% Kuwaitis in its Branches across Kuwait
Kuwait- June 7, 2009, 2009: Gulf Bank announced today that it has reached a milestone for the business and the banking industry of Kuwait. 80% of the Bank's branch employees are Kuwaiti and 43 of its...
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Gulf Bank Partners with Qout Market To Support The Community and Local Economy
Kuwait, 04 December 2019: As part of its ongoing efforts to support the community and the development of the local economy, Gulf Bank is sponsoring this year’s Qout Market. This Market, which is curre...
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Gulf Bank Holds Annual General Meeting and Announces Cash Dividend of 5 Fils Per Share
...undertook several preventative measures, including: reducing its discount rate by 125 basis points to reach 1.5%, a historical low interest rate, in addition to easing certain capital and liquidity re...
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ATM Skimming
ATM skimming is done by installing a small devise on the ATM card reader in order to capture the data on the ATM card. It is a worldwide problem that has recently been reported in Kuwait. These attacks target the magnetic strip on the back of the ATM cards, once the card is inserted into the machine...
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Letters of Credit
...under the Letter of Credit is clearly defined. They are subject to the standard regulations set out by the International Chamber of Commerce Uniform Customs and Practice for Letter of Credit guidelines. They are normally binding and irrevocable undertakings that cannot be amended without the agreeme...
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