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Standard and Poor’s Affirms Gulf Bank Rating at “A-”
...fortable forecasted risk-adjusted capital ratio and domestically comparable funding and liquidity levels.Commenting on S&P’s credit rating announcement, Ms. Dalal Al-Dousari, Gulf Bank’s Head of I...
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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 its 2009 Operating Results
...for 2009. However, provisions requirements of KD 111 million for the credit portfolio led to a net loss of KD 28 million for the year, or 12 fils per share.Ali Al-Rushaid Al-Bader, Gulf Bank's Chairma...
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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 affirmed the Bank’s Standalone Rating of “a-“, with a “S...
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Gulf Bank Switches Off for Earth Hour 2011 in Kuwait
Kuwait " 30 March 2011: Gulf Bank recently participated in Earth Hour, a global initiative to raise awareness of climate change. On Saturday March 26th at 8.30pm, the Bank not only switched off all un...
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Gulf Bank Participates in the British Business Forum's "Introduction to Kuwait 2009"
...Forum's recent event entitled "Introduction to Kuwait 2009" on 13 October 2009 at the Hilton Kuwait Resort. Designed to inform people about the business, social and cultural life of Kuwait, the event...
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Gulf Bank Approves the Distribution of 9% Cash Dividends and 5% Bonus Shares
...for achieving long-term sustainable value for all stakeholders." Financial Performance Gulf Bank's Acting Deputy Chief Executive Officer Mr. Faisal AlAdsani, presented the Bank's financial performan...
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Gulf Bank's National Day Song A Hit, Surpassing One Million Views
...forward to always providing the best for our beloved Kuwait."It is worth noting that Gulf Bank had released a limited edition prepaid card in celebration of the upcoming National Day holidays. The new...
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Further Opportunities Open to Kuwaitis at Gulf Bank
Kuwait 3 March 8, 2009: Gulf Bank of Kuwait has launched an appeal to encourage talented and dynamic Kuwaitis to apply for careers with the Bank.Gulf Bank Chairman, Kutayba Alghanim, has instructed Gu...
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Gulf Bank records a net profit of KD 62 million in 2022, an increase of 47% over 2021
...for asset quality, the non-performing loans (NPL) ratio stood at 1.1% as of 31 December 2022, compared to the prior year level of 0.9%. Additionally, the Bank continues to have significant non-perform...
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