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Statement by the Board of Directors
...unted to KD 375 million, comprising the Bank's losses in financial derivatives for its customers' account, trading in financial instruments, as well as the provisions of loan and investment portfolios...
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Gulf Bank records KD 40.2 million in Net Profit for the first nine months of 2024
...unting requirements (i.e., ECL or expected credit losses) were KD 175 million. This results in a substantial excess provision level of KD 99 million, over and above what is mandated by IFRS 9 accounti...
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Credit Cards
Visa Infinite A world of infinite exclusivity awaits you
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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 Extends Best Wishes for Eid Al Fitr
...unday and Monday, 17 and 18 June, and will resume its regular working hours on Tuesday, 19 June 2018.Assistant General Manager for External Communications at Gulf Bank Mr. Ahmed Al Ameer, said: “Our c...
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Gulf Bank Concludes Creative Furniture Upcycling Workshop
...unity engagement, Gulf Bank successfully concluded a creative workshop focused on furniture recycling and upcycling, transforming used pieces into innovative and functional art forms. The workshop was...
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Gulf Bank Approves the Distribution of 9% Cash Dividends and 5% Bonus Shares
...undations and advancing key strategic priorities, and we have succeeded in achieving that despite the global geopolitical tension and the uncertain economic environment." He mentioned that Gulf Bank ...
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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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Avoid Phishing
...unts Say "No" to Bank Scams Many internet users are becoming victims of online fraud. At Gulf Bank, we have taken every step to ensure a safe and secure service by using industry standard technology and practices. This announcement comes as part of the bank's efforts to support the "Diraya" campa...
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