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Fri, 09 Jan 2009 | 03:35 GMT

Gulf Bank   (GBK.KSE)
Also known as: GB, Gulf Bank of Kuwait
Sector | Industry
Financial Services | Commercial Banks
 
Country of Origin
Kuwait
Last Trade
0.950 KWD
- 4.04%
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Updated: Jan 31, 2008
 
Joint Stock
 
 
Retail banking, corporate banking, treasury and investment management; online and telebanking services.
1960
1,400
107
Al Afdal
Al Boom Account
Al Danah
 
Al Khaleej
Freedom Account
Nassour Account
 
Red Account
 
 
Kuwait (42)
 
 
 
 
GBK 
Ordinary 
KWD 
 
 Key Officers
Qotaiba Al Ghanim
Chairman
Louis J Myers
Chief Executive Officer
 
 Contact Details
Address:
Gulf Bank Building
Al Mubarak Al Kabir Street
P.O. Box 3200
Kuwait Safat 13032
Kuwait
 
+965 2244-9501
 
+965 2243-9216
 
corporatebanking@gulfbank.com.kw
 
www.gulfbank.com.kw

 
  Latest Headline
= UPDATE:Kuwaiti Bank Global Investment House Defaults On Debt - Zawya Dow Jones Newswires
 
  Business Overview
A million dollars a day keep your investors in play. Publicly listed on the Kuwait stock exchangeKuwait stock exchangeLoading... since 1984, Gulf Bank generated an average of USD1 million of net profit per day in 2006. Gulf Bank was one of the first Kuwaiti Banks to be established after the independence of the State of Kuwait. Its main business activities include retail banking, corporate banking, and treasury and investment management. Gulf Bank also offers online banking and trading services.

Founded in 1960 with 50 employees working out of a rented apartment, Gulf Bank has progressed to become a leading financial services provider with a network of 38 branches across Kuwait (by 2007). In 2006, Gulf Bank was Kuwait's third largest commercial bank (behind National Bank of KuwaitNational Bank of KuwaitLoading... and Kuwait Finance HouseKuwait Finance HouseLoading...) with USD14 billion in total assets. Gulf Bank was the first bank in Kuwait to introduce ATM service across the country. It was recognized in 2006 as the "Best Retail Bank in the Middle East" by Banker Middle East magazine for the second consecutive year.
 
 
 Major Shareholders
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  Organization Structure and Related Entities
Investments
 
Name  Country  Holding
Shared Electronic Banking Services Company Kuwait 10.00%
Gulf Custody Company Kuwait 9.00%
Credit Information Network Company Kuwait 7.00%
North Africa Holding Company Kuwait 2.00%
Gulf Holding Company Kuwait 1.43%
Al Soor Financing and Leasing Company Kuwait -
Kuwait Clearing Company Kuwait -
Zumorroda Investment Company Kuwait -
 
 
  Representatives
Auditors
Ernst and Young
PricewaterhouseCoopers
Law Firms
 
Al Saraf and Al Ruwayeh Law Bureau
 
 
 
 Summary Financials
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 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
    
 
 
 
 
 
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