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Gulf Bank grows Net Profit 9% in the First Quarter of 2019 vs. the First Quarter of 2018

...deposits grew by 1.1% to KD 3.6 billion, and shareholders’ equity increased by 4.8% to KD 614 million.The improvement in Net profit was driven primarily by lower credit provisions / impairments of KD ...

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Moody’s Affirmed Gulf Bank’s Long-Term Ratings at “A3” with “Stable” Outlook

...y Moody’s. “This is an acknowledgement of Gulf Bank’s continuous enhancement in asset quality and profitability, adequate capital and comfortable liquidity position.” Added Al-Dousari.Gulf Bank contin...

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Gulf Bank Extends Best Wishes for National Holiday

...ys, and as per the approved guidelines set by the Kuwait Banking Association (KBA), all Gulf Bank branches and its head office will be closed Tuesday 25 February until Thursday 27 February and will re...

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Gulf Bank Highlights Its Commitment to Environmental Sustainability at the Green Skills Summit

...y dedicated to doing everything in our power to realize Kuwait’s vision for sustainability. Our commitment goes beyond our internal initiatives; we actively collaborate with the broader community. Tog...

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Gulf Bank Posts Operating Profit of KD 109.4 Million with a Net Profit of KD 32.2 Million in 2013

...decreased from 10.9 % in 2012 to 6.5 % by December 2013 (and to below 6% by January 2014). Decreasing the NPL ratio is a strategic objective and a key focus area. In addition, the Bank has increased t...

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Interim Financial Statements for the Period Ended 30/6/2025

...densed Consolidated Statement of Comprehensive Income (Unaudited) PERIOD ENDED 30 JUNE 2025 3 months ended 3 months ended 6 months ended 6 months ended 30 June 2025 KD 000's 30 June 2024 KD 000's 30 J...

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Interest Paid on Maturity

...deposit cannot be changed until maturity If deposit is withdrawn before maturity, no interest will be paid The principal amount of the deposit is locked in until maturity Interest is paid on a maturity Interest is calculated on maturity Terms Available – from 1 week up to 1 year, 18 months, and 24 m...

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Gulf Bank "Platinum Sponsor" of "Life is Precious' Breast Cancer Campaign

...y Roqaya Abdul Wahab Al Qatami Breast Cancer Association "Hayatt Foundation" and "Ghalia" club on Wednesday 26 October 2011 to further raise awareness of the detection of the disease.Fawzy Al-Thunayan...

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Gulf Bank Sponsors "Damaged Country or a Creative Pen" Forum

...yyid, Supervisor of the Social and Psychological Services.As part of the opening ceremony, students dressed in the Kuwaiti flag colors and recited a poem about Kuwait [The Country Love] written by ren...

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Gulf Bank holds its first quarter 2024 Earnings Webcast

...years. In comparison, the full year growth in 2023 was 1.2%, so we’ve already significantly outpaced last year’s growth in just one quarter.” He added: “If we look specifically at customer loan growth...

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