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Gulf Bank names Mr. Abdullatif Mohammed Al-Hamad as new General Manager - Corporate Banking
...both NBK and Burgan Bank and is now enjoying his second spell with Gulf Bank having worked as a senior manager for four years from 1994 to 1998.
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Gulf Bank Wins Citibank Award for International Payment Performance
Kuwait - July 4, 2010: Gulf Bank announced today that it has received the ?2009 Citi Performance Excellence Award? for its achievements in global electronic payments leadership and excellence in elect...
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Gulf Bank Engages in Meetings with the IMF and World Bank Group
...both the country and the Bank. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.
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Capital Intelligence upgrades Gulf Bank’s Financial Strength Rating to “A-”
...both revised to “Stable” from “Positive”. The Long-Term and Short-Term Foreign Currency Ratings have also been upgraded to ‘A+’ and ‘A1’ from ‘A’ and ‘A2’, respectively.Bond RatingIn addition to Bank ...
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Gulf Bank records KD 53.8 million in Net Profit for the first nine months of 2023, an increase of 18% compared to 2022.
...7 million. The increase in the Bank’s net profit was mainly driven by a 7% or KD 7.3 million increase in net interest income for the first nine months of 2023. As a result, operating income grew by 6...
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Gulf Bank's Al Danah KD500,000 draw to be broadcasted "live" on Marina FM on 30th September
...both save money and earn the chance to become the next Al Danah Millionaire. For each KD 200 deposited into their account, customers will receive two chances to enter the draw. Customers are reminded ...
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Gulf Bank: Lamia Karam Promoted to General Manager of Treasury
...7, where she assumed the position of Deputy Director of the Treasury department. Karam has an extensive experience in Money Market, Foreign Exchange, and Sales, and has a proven track record of manag...
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Gulf Bank reports a net profit of KD 60.2 million for the full year 2024, with proposed cash dividends of 10 fils per share and a 5% bonus share distribution
...24, total credit provisions reached KD 270 million, whereas IFRS 9 accounting requirements (i.e., ECL or expected credit losses) were KD 177 million. This results in a substantial excess provision lev...
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