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"Gulf Bank’s upgrade on the MSCI World Index is an affirmation of foreign investor confidence," said Waleed Khaled Mandani in an interview with CNBC Arabia
...undant allocations to cover non performing loans by an estimated percentage of 548%. Foreign Investment During the interview, Mr. Mandani indicated that Gulf Bank's upgrade on the MSCI World I...
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Gulf Bank records an increase of 15% in Net Profit for the First Three Months of 2018
...und liquidity position and sustained improvement in loan asset quality matrices.” Commented Mr. Alghanim.RecognitionThe Bank was awarded “Best Retail Bank” and “Best Mobile Banking App” by Internation...
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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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Gulf Bank Joins the Kuwait Red Crescent Society in Distributing Electrical Appliances to Disadvantaged Families
...und the corner. For the past sixty years, Gulf Bank has proudly been an integral part of Kuwait’s economic and social history, seizing every available opportunity to support disadvantaged segments of ...
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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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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 Organizes “Nuqsat Al-Khaleej” For the Fourth Consecutive Year
In collaboration with numerous local restaurants and bakeries Abdullah Al-Mulaifi: We are dedicated to supporting SME businesses and preserving authentic Kuwaiti traditions. For the fourth consecu...
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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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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 awarded with "Most Rewarding Prepaid Card in Middle East & Africa" by Mastercard for MOUJ Prepaid Cashback Card
Kuwait, 16 February 2022: Gulf Bank was awarded with “Most Rewarding Prepaid Card” by Mastercard for its Mastercard MOUJ Cashback Prepaid Card. In partnership with Mastercard, in June 2021, Gulf Bank ...
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