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Gulf Bank records KD 15 million in Net Profit for the first quarter of 2022
...3%) or KD 0.7 million in operating expense, and a decline of 30% or KD 2.6 million in total provisions. As for asset quality, the non-performing loans (NPL) ratio stood at 1.0% as of 31 March 2022, l...
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United Real Estate Company Successfully Completes KD 80 Million Bond Issuance with Joint Lead Managers Kamco Invest and Gulf Bank
...3% above the Central Bank of Kuwait (CBK) Discount Rate with a condition that the maximum limit of the floating rate doesn’t exceed 1% per annum above the fixed rate. This issuance reflects and affir...
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Gulf Bank Partners with Ottu to Revolutionize Digital Payments and Deliver Exceptional Customer Services
...both existing and new Ottu clients will benefit from Gulf Bank's direct integration of electronic payment gateway services. This collaboration will enable clients on both sides to deliver exceptional ...
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Gulf Bank Announces Naser AlHeed As Winner of Cash Prize Worth 12 Times His Salary
...300 Kuwaiti Dinars, and a free credit card, with these offers being valid for workers in both the public and private sectors. Gulf Bank is also providing special offers for frontline workers in apprec...
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Gulf Bank Sponsors “The Influencer” Program Organized by LOYAC to Enhance Youth Skills in Public Communication and Leadership
...35, "New Kuwait," and its commitment to fostering collaborative partnerships, Gulf Bank is dedicated to driving robust sustainability initiatives across environmental, social, and governance (ESG) dim...
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Gulf Bank Announces Mr. Antoine Daher as Chief Executive Officer
...3, and he has a track record of strong leadership, both within and outside of Gulf Bank. His deep banking and financial knowledge, combined with his thorough understanding of Kuwait and the region, ma...
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Gulf Bank & Commercial Bank Of Kuwait Sign Loan Documentation For Structured Finance Deal On Behalf Of Jazeera Airways Group
...both Gulf Bank and Commercial Bank of Kuwait.?Mr. Michel Accad, Chief Executive Officer at Gulf Bank said: ?We are very pleased to have completed the signing of this transaction. Our Corporate Finance...
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Gulf Bank launches TravelSmart
...37 and covers the insured, their spouse and their dependant children under the age of 21 who are accompanying them on their travels. Customers can obtain their pre-approved travel insurance certifica...
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