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Gulf Bank records KD 17.3 million in Net Profit for the first quarter of 2023
Net Profit increased by 15% compared to the first quarter of 2022 Jassim Mustafa Boodai: I am pleased to announce that we have achieved an excellent performance in the first quarter of 2023 with a ...
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Gulf Bank Hosts Awareness Seminar on Protecting SMEs from Cyberattacks as Part of Ongoing Efforts to Enhance Cybersecurity in Kuwait
“We believe cybersecurity protection should also reach our SME clients, enhancing their digital security.” As part of its ongoing efforts to enhance cybersecurity and support the sustainability of Ku...
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Gulf Bank Execute Emergency Fire Evacuation Procedures for Employees
Kuwait – 6 November, 2013: Gulf Bank conducted a fire drill for its employees at its headquarters, as part of its commitment to the safety and wellbeing of its staff. Staff rehearsed evacuation proced...
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Gulf Bank holds its first half 2024 Earnings Webcast
Sami Mahfouz: Kuwait's economy is benefiting from the relative stability in oil prices at current levels, bolstered by ongoing government initiatives aimed at diversifying the economy and fostering s...
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Gulf Bank Reveals the Winner of the World’s Largest Cash Prize tomorrow at Al Khiran Mall
Announcing the lucky winner of KD 2 Million from the AlDanah Millionaire account, under the supervision of the Ministry of Commerce and Ernst & Young. Entertainment and exciting activities for all...
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Gulf Bank Holds Annual General Meeting and Announces Cash Dividend of 10 fils per share
Kuwait, 11 March 2019: Gulf Bank concluded its Ordinary Annual General Meeting No. 58, held at the Jumeirah Beach Hotel- Kuwait, on Monday 11 March 2019, with a 75.40% quorum.Gulf Bank’s Chairman, Mr....
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Standard and Poor’s Affirms Gulf Bank Rating at “A-”
Kuwait, 22 July 2020: S&P Global Ratings has affirmed Gulf Bank’s Issuer Credit rating at A-/A-2.According to the recently published S&P Global Ratings commentary, the outlook revision follows...
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Gulf Bank honored at the Stevie Award Ceremony
Kuwait - 15 November 2011: Gulf Bank announced that it has been honored at the 8th International Business Awards (IBA) during a gala dinner event held at the Emirates Palace Hotel in Abu Dhabi, United...
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On 9 November 2015, Fitch Ratings upgraded Gulf Bank's Viability Rating after it was able to reinforce its company profile, as follows:
Ratings ElementsRatings DriversFitch has upgraded GB's Viability Rating (VR) to 'bb' from 'bb-' due to its stronger company profile post restructuring. The bank has completed a wide ranging restructur...
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