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Gulf Bank records KD 24 million in Net Profit for the first half of 2025

...for asset quality, the non-performing loans (NPL) ratio was 1.4% as of 30 June 2025, compared to the prior year level of 1.2%. Additionally, the Bank continues to have significant non-performing loans...

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Gulf Bank Holds Annual General Meeting and Announces Cash Dividend of 9 fils per share, 29% Increase from Last Year

...for the last few years, and is moving forward on a path towards growth. From a financial perspective, we achieved double-digit net profit growth for the fourth consecutive year. This level of profitab...

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Gulf Bank Holds Annual General Meeting and Announces Cash Dividend of 9 fils per share, 29% Increase from Last Year

...for the last few years, and is moving forward on a path towards growth. From a financial perspective, we achieved double-digit net profit growth for the fourth consecutive year. This level of profitab...

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Kuwait Projects’ Landscape

...for foreign contractors, investors and lenders that participate in PPP projects in Kuwait The Kuwait Authority for Partnership Projects (KAPP) serves as the main body responsible for PPP projects impl...

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Gulf Bank records KD 24 million in Net Profit for the First Half of 2019

...for the first half of 2019. The Bank recorded a net profit of KD 24 million for the first half of 2019.These first half results consisted of KD 12.2 million net profit recorded in the second quarter o...

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Gulf Bank records KD 24 million in Net Profit for the First Half of 2019

...for the first half of 2019. The Bank recorded a net profit of KD 24 million for the first half of 2019.These first half results consisted of KD 12.2 million net profit recorded in the second quarter o...

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Gulf Bank Wins 'Credit Risk Technology Implementation of the Year in the Middle East and Africa' from The Asian Banker

...for Corporate Communications at Gulf Bank said: "Gulf Bank is proud to be the recipient of this prestigious award. This award serves as a benchmark for global best practices in risk management and Gul...

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Gulf Bank and KAMCO Joint Lead Managers for Burgan Bank’s Bond Issue

...for investors in both tranches, the fixed-interest bond, and the floating-interest bond. The fixed rate tranche offers a return of 7.25% per annum for the initial five years, followed by 3.00% over th...

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Gulf Bank continues support of "Diraya" campaign

...for the cards they intend to use, as there are fees for using bank cards outside the country.   He continued: "When using ATMs outside of Kuwait, customers must make sure that there are no foreign d...

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Tony Daher: Gulf Bank is on the right path to achieving its goal of becoming the Bank of the Future

...for 31 March 2021, while Stage 2 loans moved from 7.9% to 5.9% and Stage 3 remained the same at 1.6% for both periods.   As for Gulf Bank’s IFRS 9 ECL Stages composition, Challinor indicated that St...

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