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Moody’s Affirmed Gulf Bank’s Long-Term Ratings at “A3” with “Stable” Outlook
Kuwait, 17 May 2020: Moody’s Investors Service, the international credit rating agency, has affirmed the A3 long-term deposit ratings of Gulf Bank and changed the outlook on the Bank’s long-term depos...
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Gulf Bank Back to Profitability Forward with Confidence
Kuwait " 14 May 2009: Gulf Bank reported a net profit of KD 10.6 million for the first quarter of 2009, marking a new phase for the Bank, with a restored profit and confidence. However, Gulf Bank mad...
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Is there a specialized technical expert that reviews the AlDanah draw process and execution?
Yes, the AlDanah draw process is subject to specialized technical review. External auditors, (approved by CBK) specifically RSM and Grant Thornton, representing the Central Bank of Kuwait (CBK) have c...
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Gulf Bank records KD 40.2 million in Net Profit for the first nine months of 2024
With an increase of 4.5% in Operating Profit Bader Nasser Al-Kharafi: We remain optimistic about the Bank’s outlook and expect recent rate cuts to alleviate financial burdens and encourage lending ...
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Moody’s Affirmed Gulf Bank’s Long-Term Ratings at “A3” with “Stable” Outlook
Kuwait, 17 May 2020: Moody’s Investors Service, the international credit rating agency, has affirmed the A3 long-term deposit ratings of Gulf Bank and changed the outlook on the Bank’s long-term depos...
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The Asian Banker ranks Gulf Bank #1 in the region for people's skills
Kuwait, 27 June, 2007: The Asian Banker magazine has ranked Gulf Bank as the best retail bank in the Gulf region for people's skills. It has also awarded Gulf Bank the second highest overall ranking a...
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Gulf Bank honored at the Stevie Award Ceremony
Kuwait - 15 November 2011: Gulf Bank announced 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...
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Gulf Bank Wins J.P.Morgan Quality Recognition Award for Operational Excellence
Kuwait - 18 August, 2010: Gulf Bank announced today that it has received the ?J.P.Morgan Quality Recognition Award? for its operational excellence in MT103 commercial payments for the year 2009. Mr. A...
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Gulf Bank Sponsors 'Eftar Saem', ' Ediya' & 'Kiswat Yateem' projects with Mabarrat Al Rahma Al Khayriyyah
Kuwait - July 17, 2013: Gulf Bank announced its sponsorship of the 'Eftar Saem, Ediya & Kiswat Yateem projects, organized by Mabarrat Al Rahma Al Khayriyyah. These projects will provide Eftar meal...
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Gulf Bank Posts Operating Profit of KD 79.8 Million with Net Profit up by 10% to KD 26.5 Million for First Nine Months of 2014
Kuwait – 20 October 2014: Gulf Bank today announced an operating profit before provisions of KD 79.8 million for the first nine months of 2014. Net profit was KD 26.5 million for the first nine month...
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