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Gulf Offers
...unce the launch of the new xperience with the Entertainer application that provides thousands of 2-for-1 offers across the Middle East. "MyUS" from Mastercard Your MyUS membership is on us with Mastercard credit card
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Gulf Bank's 2016 Al Danah Prize Draws
...unt, the more chances to win they gain on a daily basis.Al Danah also offers a number of special services to customers, including the Al Danah Deposit Only ATM card which allows account holders deposi...
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Gulf Bank honored at the Stevie Award Ceremony
...unced that it has been honored at the 8th International Business Awards (IBA) during a gala dinner event held at the Emirates Palace Hotel in Abu Dhabi, United Arab Emirates.Surour Alsamerai, General ...
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Moody’s Changes Gulf Bank’s Outlook to “Positive” while affirming the Long-Term Deposits Ratings at “A3”
...unterparty Risk Ratings at A2/P-1, and long-term and short-term Counterparty Risk Assessments at A2(cr)/P-1(cr). In their recently published press release, Moody’s mentioned that the affirmation of G...
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Gulf Bank holds its first quarter 2024 Earnings Webcast
...unching and implementing phase II of our core banking system. Gulf Bank is now ready to leverage these foundational changes to streamline its operations and enhance customer experience.” Credit Cost ...
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Moody’s Affirmed Gulf Bank’s Long-Term Ratings at “A3” with “Stable” Outlook
...underpinned by comfortable liquidity and stable funding, despite funding concentration, which is typical of Kuwaiti banks.Change in OutlookAccording to Moody’s, The change in outlook to stable from po...
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Standard and Poor’s Affirms Gulf Bank rating at “A-” with “Stable” Outlook
...und market position as the fourth-largest commercial bank in Kuwait, and factors in the Bank's improving revenue mix and business stability. The stable outlook on Gulf Bank balances S&P’s view tha...
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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
...unting requirements (i.e., ECL or expected credit losses) were KD 177 million. This results in a substantial excess provision level of KD 94 million, over and above what is mandated by IFRS 9 accounti...
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