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Gulf Bank holds its Third Quarter 2022 Earnings Webcast

...2022. Daher stated, “We continue our positive momentum for the year 2022. I am pleased to report that Gulf Bank has achieved a net profit of KD 45.7 million for the first nine months of 2022, an incre...

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Gulf Bank Distributes Ramadan Food Packages to Underprivileged Families in Al-Jahra in Partnership with City Hypermarket

...both the Bank and the community. These efforts support the Bank’s 2025 strategy, align with the United Nations Sustainable Development Goals, and contribute to Kuwait Vision 2035. Notably, in the day...

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The 30th Memorial Journey for Pearl Diving kicks off tomorrow Thursday

...26 July.His Excellency the Minister of State for National Assembly Affairs, Adel Al-Kharafi, will represent His Highness the Amir at both the “Al Dasha” and “Al Qoffal” ceremonies.Commenting on the sp...

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Gulf Bank Announces Saud Saad Mohammed AlKharraz As Third Quarterly AlDanah Account Draw Winner of KD 100,000

...2022 listed in the following table: Upcoming AlDanah Account Draws for 2022 Prize Number of Winners Draw KD 1,000 10 Monthly KD 1,500,000 1 Grand annual draw (Draw date: 19 January 2023) ...

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

...21 million in Q2 2020, to KD 16.6 million in Q3 2020, to KD 14 million in Q4-2020, and finally to the current level of KD 8.3 million in Q1 2021.   A Strong Financial Position   Challinor also pre...

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Gulf Bank: WISE Records Outstanding Returns in 2023

...20.9%, and WISE's Islamic portfolio emerged as the top performer with a remarkable 22% return. The income portfolio demonstrated solid results, attaining a 9.2% return, supported by substantial annual...

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Gulf Bank begins Countdown to the KD500,000 Draw

...22 November, 2009:  Gulf Bank is offering its customers the opportunity to be the next winner in the KD500,000 Al-Danah Draw. Customers must open an Al-Danah account before November 30th to be eligibl...

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Faisal Al-Gharabally Highlights Transparency and Collaboration as Keys to Success at Third Kuwait Public-Private Partnership Conference

...2035. Ms. Al-Marzouq stressed that the next phase of infrastructure development calls for banks to evolve from “silent funders” into active digital partners in national infrastructure projects. She h...

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Gulf Bank Distributes Food Baskets “Machlat Ramadan” To Needy Families In Kuwait

...both internally and externally. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.

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Year End 2023

...20020121322320721522122521021716Cost of Risk (COR) bps(5)40225864543652724754KD MillionsQ4 23A vs Q3 23AQ12022AQ22022AQ32022AQ42022AQ12023AQ22023AQ32023AQ42023AFY2022AFY2023AFY 23A vs FY 22A Balance S...

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