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Consumer Credit Growth in Kuwait
Gulf Bank Insight Report Economic Research Unit May 2021 CONSUMER CREDIT GROWTH IN KUWAIT KEY HIGHLIGHTS • • • • • Consumer credit is a key element to boost consumer spending, a key part of the econ...
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Gulf Bank Awarded 'Best Retail Customer Service' and 'Best Phone Banking Service' Awards from The Banker Middle East
Kuwait - 27 March 2011: Gulf Bank today announced that it has been awarded the coveted 'Best Retail Customer Service' and 'Best Phone Banking Service' awards by the Banker Middle East, the region's le...
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Gulf Bank records an increase of 10% in Net Profit for H1 2017
Kuwait – 19 July, 2017: Gulf Bank K.S.C.P. announced today its financial results for the first half of 2017. The Bank recorded a net profit of KD 22.8 million in the first 6 months of 2017, an increas...
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Fitch Ratings Upgrades Gulf Bank’s Viability Rating with a Stable Outlook
Affirmed the Bank’s Long-Term Issuer Default Rating at 'A' Reflecting the Bank's improved risk profile and resilient asset quality. Dalal Al-Dosari: International acknowledgement of Gulf Bank’s positi...
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Fitch Ratings Affirms Gulf Bank’s Long-Term Issuer Default Rating at “A” With a Stable Outlook
Fitch Ratings has affirmed Gulf Bank’s Long-Term Issuer Default Rating at 'A' with a Stable Outlook. Fitch has also affirmed the Bank's Viability Rating (VR) at 'bbb-'. According to the recently publ...
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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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Moody's Upgrades Gulf Bank's
Kuwait, September 11, 2006: Moody's Investors Service has raised Gulf Bank's short-term foreign currency deposit rating from Prime-2 to Prime-1. The short-term foreign currency deposit ratings of anot...
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