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Gulf Bank's CEO, Michel Accad Resigns

Kuwait, October 10, 2013: Gulf Bank today announced the resignation of its CEO, Michel Accad, who resigned to the Board of Directors on the 7th October 2013.  Mr. Accad joined Gulf Bank in August 2009...

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Gulf Bank Receives Euro STP Excellence Award from Deutsche Bank

Kuwait – 4 June 2015: Gulf Bank today announced it has been awarded the prestigious ‘Euro STP Excellence Award’ from Deutsche Bank for the exceptional quality of payment messages.The award was jointly...

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Gulf Bank Reports First Half Operating Profit of KD 87.1 Million

Kuwait " 26th July, 2010: Gulf Bank today announced a notable improvement in itsoperating profit for the first half of this year, amounting to KD 87.1 million (includingKD 42.8 million for the second ...

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Moody’s Changes Gulf Bank’s Outlook to “Positive” while affirming the Long-Term Deposits Ratings at “A3”

Kuwait, 10 December 2023. Moody’s Investors Service, the international credit rating agency, has affirmed the A3 long-term deposit ratings of Gulf Bank and changed the outlook to “Positive” from “Stab...

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Gulf Bank Main Sponsor of the 23rd Memorial Journey for Pearl Diving

Kuwait, July 13 2011:  Gulf Bank announced today it will be the main sponsor of the 23rd Memorial Journey for Pearl Diving. The journey, which begins from the 14th- 23rd July, is organized each year b...

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The Multinational Corporate Division works with the customer in understanding their often complex business needs and suggests comprehensive and integrated solutions that meet their requirements. The Division's clients include multinational and foreign companies engaged in activities across all secto...

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Gulf Bank Reports Net Profit KD 27.4 Million for the First Nine Months of 2011

Mr. Ali Al-Rashaid Al-Bader, Gulf Bank's ChairmanKuwait " 27 October 2011: Gulf Bank announced a net profit of KD 27.4 million for the first nine months of 2011, against KD 10.4 million, an increase b...

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Gulf Bank Reports Net Profit KD 7.4 Million For First Quarter 2012

Mr. Mahmoud Al-Nouri, Gulf Bank'sChairmanKuwait " May 2nd, 2012: Gulf Bank today announced a net profit of KD 7.4 million for the first quarter of 2012, against KD 3.2 million in the previous quarter ...

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Gulf Bank Partners with Local Hospitals to Encourage Annual Check-Ups

Kuwait, 15 October 2019: This October, Gulf Bank is launching a series of initiatives that will raise awareness for breast cancer in an effort to encourage locals to get checked. Gulf Bank has partner...

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Purchase of 3 Plots

Gulf Bank announces that on 3/2/2016 it has participated in an auction and purchased 3 plots of land in the total amount of KD 8,69 M approximately, as part of the debt settlement with a customer. The...

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