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Payables Management

For further enquiry, please contact our team corp.olb@gulfbank.com.kw Commonly used for Payroll, Dividends and vendors payments. Online payments with direct credit instructions are typically high-volume, low-value batch (bulk) payments with single debit and multiple credits. Printing can be done eit...

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WEEKLY MARKET BRIEF Gulf Bank Economic Research Unit 02nd April 2023 THIS S’KEEW HIGHLIGHTS • United Real Estate Company (URC) completed the issuance of bond worth KD 80 million • Real GDP growth in...

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Gulf Bank announces the Al Danah Winners of the Week

Kuwait "November 23, 2011: Gulf Bank held its Forty-Fifth Al Danah weekly draw on November 20, 2011, announcing a total number of ten Al Danah weekly prize draw winners, each awarded with prizes of KD...

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Gulf Bank Announces Al Danah Draw Winners for the 20th week

A minimum deposit of just KD400 is needed to open an Al Danah account.  This will automatically allow account holders to enter the weekly, monthly as well as the annual draws.  Not only does Gulf Bank...

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Gulf Bank's Red Winners Off to Thrilling Adventures in the UK

Kuwait " 20 July 2008: Muneera Fahaid Mutlaq Hattab and Fager Saad Motlaq Al Raghe, the 3rd and 4th winners in Gulf Bank's sensational Red draw, are ready to experience their exciting adventures on th...

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How to Become the Next Al Danah Millionaire

Kuwait, 20 May 2008 " Gulf Bank encourages everyone in Kuwait to open an Al Danah account to receive the opportunity to become the next KD Millionaire.  As the popularity of Gulf Bank's largely succes...

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Ahmad Mohammad Al-Bahar Appointed Chairman of Gulf Bank's Board of Directors

Gulf Bank’s Board of Directors convened yesterday (Tuesday) and unanimously approved the reformation of the Board. Mr. Ahmad Mohammad Al-Bahar has been appointed Chairman of the Board, with Mr. Ali Mo...

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Gulf Bank completes recapitalization and is now ready to sail into the future

January 26th, 2009   Gulf Bank has successfully completed the doubling of its capital by a Rights Issue of its shares. Gulf Bank is pleased to announce that :In line with the resolution adopted by sha...

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Gulf Bank posts a 12% increase in Net Profit in Q1 2015

Kuwait – 22 April 2015: Gulf Bank today announced a net profit of KD 9.8 million for the first quarter of 2015 which is a 12% increase over the same period in 2014. Over the same period, the Operating...

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Gulf Bank records a net profit of KD 57 million, an increase of 18% for the year 2018

Kuwait, 05 February 2019: Gulf Bank K.S.C.P. (“Bank”) announced its financial results for the year ending 2018.Financial SummaryNet profit increased from KD 48 million in 2017 to KD 57 million in 2018...

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