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Converting to Islamic Banking

Since its establishment in 1960, Gulf Bank has grown alongside Kuwait, accompanying its progress and development. Today, it is entering a new chapter in preparation for a full transformation into a Sharia-compliant bank, following its preliminary approval from the Central Bank of Kuwait in August 20...

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Gulf Bank Sponsors Q8hoops Project Charity Basketball Tournament for Kuwait Center for Autism

Kuwait – 4 May 2014: Gulf Bank concluded its sponsorship of the Q8hoops Charity Basketball Tournament, which was organized on behalf of the Kuwait Center for Autism to raise awareness of Autism in Kuw...

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Gulf Bank Announces Al Danah Weekly Draw Winners for the 33 Week

Kuwait " Nov 5, 2009: Gulf Bank has announced the names of the Al Danah weekly prize draw winners.  Mahmoud DesouqiI AbdelHafez, scooped the KD10,000 prize, while Mohammed AbdulRasool Faraj Al-Faraj, ...

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Gulf Bank Launches Countdown To The Al Danah Millionaire Summer Draw

Kuwait, 25 May 2008:  There are now only days to go to make those vital deposits to have the opportunity to become Gulf Bank's third Al Danah KD Millionaire and participate in Kuwait's most exciting a...

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Gulf Bank records KD 15 million in Net Profit for the first quarter of 2022

an increase of 26% compared to prior year Jassim Boodai: Our asset quality profile and solid balance sheet fundamentals positions us very well to achieve our strategic aspirations. The Bank enjoys ...

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Gulf Bank Achieves an Unprecedented Accomplishment by Winning the Coveted GCC Localization Award for the Sixth Consecutive Year

Kuwait, 2 November 2010: Gulf Bank has achieved an unprecedented accomplishment by winning the coveted Localization Award for the sixth consecutive year from the GCC Council of Ministers of Labour and...

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Gulf Bank Golden Sponsor of "Paint Kuwait Red" Campaign

...donation, which may contribute to saving lives. The need for blood donation is consistently increasing and an ongoing effort needs to be in place to encourage blood donation and support from the commu...

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Gulf Bank Observes Marked Improvements Across All Profitability Indicators in 2021

Al-Dousari: Gulf Bank Financial Positions remains strong, as all leading indicators moving in the right direction Gulf Bank’s NPL ratio of 0.9% is the lowest in the industry with coverage ratio of 6...

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Gulf Bank to Announce 20 Lucky Winners of AlDanah Monthly Draws Tomorrow

Kuwait, 14 March 2021: Tomorrow, Gulf Bank will be holding two draws, as to thereby announce the AlDanah monthly draw winners for both January and February of this year. The Bank is set to announce a ...

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Gulf Bank supports "FOOTBALL CRAZE" event to lobbying for Lebanon

Kuwait , August 8, 2006: Gulf Bank recently sponsored an event held at the Hilton Hotel on the 4th & 5th August 2006. The event was primarily organized to raise funds for war-torn Lebanon.The "Foo...

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