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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.
...ision level of KD 120 million, which is above what is required by the IFRS9 accounting requirements. As of 30 September 2023, total assets stood at KD 7.0 billion while Net loans and advances reached...
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Gulf Bank Celebrates Gargee’an and Arab Orphan Day with Neo Account Holders and Children with Special Needs
...isabilities, raise awareness, and promote equal opportunities in education and community participation. Established under the Disability Law (Law 8/2010), the “Friends of the Disabled” team plays a v...
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Gulf Bank's 'Priority Banking' Team Announces 2012 Third Quarter Top Performers
...team at Gulf Bank, led by Brinn Atkinson " Assistant General Manager, Consumer Banking Group, dedicates time each quarter to recognize and celebrate the top sales performers and their achievements.Thi...
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Gulf Bank Appoints Mohammed Al-Qattan as General Manager of Consumer Banking
...istrative field.Al-Qattan is also currently an active member of multiple boards of directors in Kuwait. He is a board member and head of the Risk and Audit Committee of the Public Institute for Social...
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Gulf Bank Observes Marked Improvements Across All Profitability Indicators in 2021
...is regard, Al-Dousari said that Gulf Bank intends to implement this policy as part of its dividends distribution strategy. She indicated that such a decision is a function of several procedures and r...
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Gulf Bank grows Net Profit by 39% in the First Quarter of 2021 Compared to the First Quarter of 2020
...is points above the regulatory minimum of 9.5% and the Capital Adequacy Ratio (CAR) of 17.7% was 621 basis points above the regulatory minimum of 11.5%. Commenting on the results, Gulf Bank’s Chai...
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Fitch Ratings Affirms Gulf Bank rating at “A+” with “Stable” Outlook
...Issuer Default Rating at 'A+' with a `Stable` Outlook. Fitch has also affirmed the Bank’s Viability Rating at 'bb+'.According to the recently published Fitch Ratings commentary, Gulf Bank enjoys an ad...
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Gulf Bank Announces the Winners of the Al Danah Daily Draws for the Week of June 30 th to July 4th
...is deposited and the longer it is kept in the account.Al Danah also offers a number of unique services including the Al Danah Deposit Only ATM card which helps account holders deposit their money at t...
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