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Gulf Bank records KD 17.3 million in Net Profit for the first quarter of 2023
...ratio for the First Quarter 2023 was 0.8%, with a strong non-performance loan coverage ratio of 692%. Capital ratios as of the First Quarter 2023, Tier 1 ratio was 13.9% and Capital Adequacy Ratio (CA...
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Basel III – Capital Leverage – 30 September 2020
...rage disclosures I Composition of Capital 1 Capital structure 2 Capital Adequacy Ratios 3 Common disclosure template 4 Reconciliation requirements II Leverage Ratio 1 Leverage Ratio: common disclosure...
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Gulf Bank Affirms Its Commitment to Environmental Sustainability & Distributes Recyclable Bottles to All Employees
...rant red and are decorated with distinctive drawings inspired by the Bank’s iconic main branch in Kuwait City, which is considered a unique historical and architectural landmark in the country.Each em...
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Capital Intelligence Affirms Gulf Bank's Bond Rating at "BBB" with a "Stable" outlook
...Rating affirmed Gulf Bank's Tier 2 Subordinated Bond rating at 'BBB' in its latest Bond Rating Report. The KD 100 million Bond was issued in May 2016 and qualifies as Tier 2 Capital under the Central ...
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Gulf Bank Credit Card Holders Gain World Wide Airport Lounge Access
...ravel experiences for our customers, whenever and however they travel," said Nazem Alqana"e, GM of Retail Banking and GM Support.The provision of this new service has been designed to coincide with th...
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Capital Intelligence upgrades Gulf Bank’s Financial Strength Rating to “A-”
...Ratings, the international credit rating agency, has recently announced that it has upgraded the Financial Strength rating of Gulf Bank to “A-” from “BBB+”. “The rating upgrade is supported by the sou...
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Gulf Bank Offers Saving Accounts with Valuable Returns and Prizes
...raws include two grand prizes worth KD 1,500,000 and KD 1,000,000, two draws for the KD 100,000 prize and ten monthly draws for the KD 1,000 cash prize. E-Savings Account The E-Savings Account offer...
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Gulf Bank Successfully Completes Issuance of KD 50 Million Bonds
...Rate bonds offer a 4% interest, and the KD 25 million Floating Rate bonds offer a rate of 2.25% above the Central Bank of Kuwait’s discount rate. The interest will be paid in quarterly installments, w...
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Capital Intelligence Affirms Gulf Bank's Long-Term Foreign Currency Rating at "A+" and Bond Rating at "BBB+" both with a "Stable" outlook
...Ratings (“CI Ratings”) has affirmed the Long-term Foreign Currency and the Short-term Foreign Currency of Gulf Bank ratings at “A+” and “A1”, respectively. At the same time, CI Ratings has also affirm...
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Gulf Bank records KD 35.8 million in Net Profit for the first half of 2023, an increase of 18.3% compared to 2022
...ratio for the First half 2023 was 1%, with a strong non-performance loan coverage ratio of 546%. Capital ratios as of the First half 2023, Tier 1 ratio was 13.9% and Capital Adequacy Ratio (CAR) was 1...
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