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3rd Quarter 2023
...unds first I said on the Q2 call that the growth in cost of funds had slowed down and we continued to see this dynamic play out in Q3 In fact, the rate of growth halved from Q2 to Q3 So, we saw only a...
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1st Quarter 2024
...unds first I said on the Q4 earnings call that the cost of funds may be nearing a peak, and this seemed to occur around the middle of Q1 after which we saw the cost of funds start to fall However, it ...
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Gulf Bank Celebrates World Health Day
...Diet Center to offer its customers and employees free checkups and health consultations. The Diet Center will continue its '#Ekelny Campaign' within Gulf Bank by distributing apples to employees and c...
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2nd Quarter 2024
...unds around the middle of the quarter And this played out as expected into Q2, where we did in fact see the cost of funds continue to fall And this was in both local and foreign currency And Q2 was th...
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Gulf Bank Partners with Saveco to Donate Foodstuff Boxes to Families in Need
...und the country.Mr. Khaled Al-Otaibi, Manager, Corporate Communications at Gulf Bank said: "After the positive impact of last year's Ramadan initiative, we were pleased to again partner with Saveco in...
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“CBK” issued its Initial Approval on the conversion of “Gulf Bank” to a Bank compliant with Islamic Sharia’a
...website, Gulf Bank stated that the initial approval issued by the Central Bank of Kuwait, valid for one year as of this date, is subject to a specific technical, legal, and operational requirement, wh...
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Gulf Bank Names Louis Myers as new Chief General Manager
Kuwait, 14 March, 2007: Gulf Bank announced today that Mr. Louis J. Myers has been appointed Chief General Manager of the Bank.Mr. Myers has more than 33 years experience in banking in the Middle East...
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Gulf Bank records KD 37 million in Net Profit for the first nine months of 2019
...nly driven by a 17% reduction in credit costs and a stable operating expense base.As of 30 September 2019 and compared to the year-ago level, gross loans and advances to customers grew by 6%, assets i...
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For the Second Consecutive Year, Gulf Bank Continues Its Ramadan Program Under the Slogan “Our Traditions Always Bring Us Together”
...Underprivileged Families Gulf Bank places supporting underprivileged families at the forefront of its priorities during Ramadan, stemming from its firm belief in the importance of social solidarity a...
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