Tag Archives: Gulf Bank

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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Gulf Bank congratulates champions of Women Football tourney – Bank encourages playing sports for a healthy lifestyle

KUWAIT CITY, June 19: Gulf Bank was pleased to sponsor the ‘Women Football Tournament’ for female football players in Kuwait and the GCC. The players showcased their soccer skills and abilities during the tournament which culminated in an exciting championship match on 14 June. The event was organized by Eighty …

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Gulf Bank welcomes winners of red account draw to its HQ

KUWAIT CITY, June 5: Gulf Bank was pleased to welcome the new winners of the fifth monthly red account draw on Wednesday, May 31, 2017, and present them with their Apple prizes. Al Jazy Musaed Farah Al Farhan Al Nawayem, winner of the iPhone 7 Plus- red product,  Malak Salamah …

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May Dashti receives ‘MESA CISO 100’ award – Gulf Bank staff member honored for second consecutive year

KUWAIT CITY, June 3: Gulf Bank is pleased announce that Mrs. May Dashti, Executive Manager for Information System Security — Risk Management, was awarded the ‘MESA CISO 100’ Executive Manager Award, for the second consecutive year. Ms Dashti was recognized during a prestigious invitation-only awards ceremony recently held at Conrad …

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