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Wednesday , November 14 2018

Tag Archives: Gulf Bank

Gulf Bank records 18% increase in 9 months net profit

Net profit in Q3 2018 up by 19 percent to KD 16 million KUWAIT CITY, Oct 22: Gulf Bank K.S.C.P. (“The Bank”) announced its financial results for the first nine months of 2018. The Bank recorded a net profit of KD 42.7 million in the first nine months of 2018, …

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KAMCO issues KD 40m bond with 5-year tenure

Acts as joint lead manager and arranger with Gulf Bank KUWAIT CITY, July 29: KAMCO Investment Company, a leading investment firm with one of the largest AUMs in the region, issued a KD 40 million, five-year tenure bond, with KAMCO and Gulf Bank as Joint Lead Managers and Arrangers for …

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Gulf Bank records an increase of 18 pct in net profit for H1, 2018

Earnings hit KD 27 million in first six months KUWAIT CITY, July 21: Gulf Bank K.S.C.P. announced its financial results for the first half of 2018. The Bank recorded a net profit of KD 27 million in the first 6 months of 2018, an increase of 18% over the same …

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Gulf Bank posts 15% rise in Q1 net profit

Net interest income soars 23% to KD 36.8 million KUWAIT CITY, May 1: Gulf Bank KSCP announced its financial results for the first quarter of 2018. The Bank recorded a net profit of KD 10.8 million, an increase of 15 percent over the same period in 2017. The Bank generated …

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Gulf Bank edge Boubyan Bank for title

For the seventh time in its history, Gulf Bank emerged victorious after defeating Boubyan Bank with a score 2-0 in the final match of the Banks Football League which was held at Sabah Al-Salem Stadium in Arabian Club. According to a press release, the league was organized under the patronage …

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KAMCO, Gulf Bank and NBK Capital advise KIPCO on KWD 100mn issue

Only KWD-denominated corporate bond in 2017 KUWAIT CITY, Jan 7: KAMCO Investment Company, Gulf Bank and NBK Capital acted as Joint Lead Managers for the Kuwait Projects Company (Holding) (KIPCO)’s KWD 100 million, senior unsecured dual-tranche bonds due December 2024. KAMCO, Gulf Bank and NBK Capital’s joint press release highlights …

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Gulf Bank holds WISE investment forum – Dr Josh Lerner discusses passive investing

KUWAIT CITY, Dec 12: Gulf Bank was pleased to hold a private dinner forum for its Priority and Wealth clients entitled ‘Making WISE Investments for the Long-term’ with leading investment expert and Harvard Business School professor, Dr Josh Lerner. The event took place at the Sheraton Hotel, on Monday, Nov …

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Gulf Bank continues to drive operational risk reduction and efficiency – Fitch Learning delivers internal control training to senior executives

KUWAIT CITY, Nov 14: As part of its ongoing commitment mitigating and preventing operational risk, Gulf Bank concluded another session in its series of trainings for a wide cross section of senior management. The training session, entitled “Internal Control Enhancement: Management Responsibility, Culture, and Oversight” was conducted by Fitch Learning …

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Kuwait’s stocks kick off week on ‘sluggish’ note – Gulf Bank surges 4.71 pct; Kuwait Cable Vision dips 17.25%

KUWAIT CITY, Oct 8: Kuwait stocks edged lower on Sunday to kick off week on a sluggish note following drop in oil prices by over 2 percent at the end of last week. The main index fell 1.41 points to close at 6,660.7 points with mixed boards. Bank shares rally …

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Gulf Bank records 10 percent rise in net profit for H1 2017 – Operating profit soars 8.2% to KD 60.5 million

KUWAIT CITY, July 18: Gulf Bank KSCP announced on Tuesday its financial results for the first half of 2017. The Bank recorded a net profit of KD 22.8 million in the first 6 months of 2017, an increase of 10% over the same period of 2016. The Bank was able …

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