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Gulf Bank records KD 27.5 million in Net Profit for the first nine months of 2021 Net profit increased by 50% compared to prior year

...isions.   As for asset quality, Gulf Bank booked KD 37.6 million in total provisions for the nine months ended 30 September 2021, a reduction of 24% in comparison to the same period of last year. Th...

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Gulf Bank strengthens Easy Pay Partnership with X-cite by Alghanim Electronics by including Online shopping

...26 November 2019: Gulf Bank is proud to announce strengthening its Easy Pay partnership with X-cite by Alghanim Electronics, wherein, Gulf Bank credit card customers can now shop online at Xcite.com o...

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Gulf Bank Announces Commitment to Kuwait Vision 2035 “New Kuwait”

...iscuss Kuwait Vision 2035 “New Kuwait,” the national development plan that was developed by His Highness the Emir of Kuwait, Sabah Al-Ahmad Al-Jaber Al-Sabah. The purpose of the meeting was to discuss...

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Gulf Bank Welcomes New Field Trainees Across Various Departments

...istic understanding of the Bank’s multiple departments, each candidate will now officially start working at the department of his or her choice.   Gulf Bank's General Manager of Human Resources, Sal...

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Gulf Bank Celebrates its 55th Anniversary

...istoric look and keeping to its early roots. The Bank's Headquarters is considered to be one of Kuwait City's landmarks.The Bank's logo and branch concept design is strongly inspired by Kuwait's seafa...

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Gulf Bank Highlights Sustainability Initiatives at "COP28"

...isters, corporate officials, representatives from international organizations, academics, and media professionals. Significant this year is the conference's notable departure, shifting from mere nego...

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Year End 2023

...isk was 54 basis points this year versus 47 basis points last year This low level of cost of risk is a result of our prudent risk management and the quality of our loan book that continues to remain r...

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United Real Estate Company Successfully Completes KD 80 Million Bond Issuance with Joint Lead Managers Kamco Invest and Gulf Bank

...Issuer, and Kamco Invest and Gulf Bank as the Joint Lead Managers, announced the success completion of the KD 80 million bond issuance, which is the largest issuance of bonds in KD in the real estate ...

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1st Quarter 2021

...ise mechanism of how this compensation will work has not been disclosed at this stage Also, the second scheme is available to Kuwaitis only So overall, we think this is a positive development for the ...

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Report 2021

...isks on an ongoing basis against the internally set thresholds On a quarterly basis, the risk dashboard is presented and discussed with the Executive Risk Committee and Board Risk Committee The Risk A...

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