Gulf Bank

Publicly listed since 1984, Gulf Bank generated an average of USD 1 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. Founded in 1960 with 50 employees working out of a rented apartment, Gulf Bank has expanded to offer a network of 41 branches across Kuwait by 2007.

Gulf Bank was the first bank in Kuwait to introduce an ATM service in the country.
More about the company
Address: Al Mubarak Al Kabir Street PO Box 3200 , Kuwait City, KUWAIT


Joint stock

29 October 1960


965 2449501

965 2412849

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Sunday, 12 April 2009 8:38 PM

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UPDATE 3: Approval by shareholders for $1.3bn emergency rights issue to cover huge losses.

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Sunday, 23 November 2008 11:06 AM

New chairman says merger not priority until restructuring ordered by Kuwait's central bank is finalised.

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Officers »
Board of Directors Position
Abdulaziz Abdulrahman Abdulaziz Al Shaya
Board Member
Hussain Ahmed Qabazard
Board Member
Khaled Saoud Al Hassan
Board Member
Naser Yousef Naser Bourisli
Board Member
Mahdi Mahmoud Haji Haidar
Board Member
Management Position
Sana Juma
General Manager - Corporate Banking
Nazem Suleiman Al Qennae
General Manager - Retail Banking
Fawzi Al Thunayan
General Manager - Board Affairs
Surour Al Samerai
General Manager - Human Resources
Khaled Al Moutawah
General Manager - International Banking
View all
Major Shareholders
Name Country
Behbehani Investment Company
Alghanim Industries
Expansion for Trading and Construction
Zumorroda Investment Company
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