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Gulf Bank reports a net profit of KD 60.2 million for the full year 2024, with proposed cash dividends of 10 fils per share and a 5% bonus share distribution

...formance for the year 2024. We have addressed and resolved several legacy-loan challenges, which has substantially improved our asset quality allowing capacity for sustainable growth and increased sta...

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Gulf Bank Announces Newest Al Danah Account Millionaire: Jassim Mohammed Issa Abbas!

...for the chance to take home cash prizes. On Thursday evening, after the reveal of Al Danah Millionaire, attendees were also treated to a live musical performance from Abdulaziz Al-Dhuwaihi.Al Danah Is...

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Gulf Bank Joins the Diversity, Equity, and Inclusion (DEI) Matrix, an Initiative by ABCK - AmCham Kuwait in Collaboration with KWEEP

...for all employees. Moreover, they are dedicated to achieving key performance indicators (KPIs) for the matrix, with a target of at least 85% by the end of 2025. Companies that surpass this benchmark w...

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Gulf Bank Posts Net Profit KD 7.9 Million For First Quarter 2013

...for the first quarter of 2013, against KD 7.4 million for the same period last year. In continuing with the strategy to build a fortress balance sheet, the precautionary general reserve was increased ...

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Gulf Bank Actively Supports Kuwait's Annual Job Fair

...force its ongoing support for young Kuwaitis. Gulf Bank supports Kuwaiti students through summer internship programmes as well as sponsorship of the National Union of Kuwaiti Students. Gulf Bank has a...

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United Real Estate Company Completes KD 60 Mn bonds oversubscribed by KD 28.9 Mn

...for amounts exceeding KD 206.5 Mn for the largest and longest issue to date.  We at KAMCO are mindful of developing and supporting bond issues and sukuks for the diversity of debt tools for local comp...

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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

...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 assigned to the Bank a Standalone Rating of “a-“, with a...

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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

...fore provisions of KD 109.4 million for the year ending 2013 (including KD 9.8 million of non - recurring income) against KD 121.4 million in 2012 (including KD 25.3 million non-recurring income). Con...

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