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		<title>Arabianbusiness.com - Gulf Bank</title>
		<description>ArabianBusiness.com - Business and Industry News coverage of the Middle East including Stock Markets, Events, Video and Audio.</description>
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		<pubDate>Fri, 27 Nov 2009 04:39:57 +0400</pubDate>
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			<title>Big Kuwait, Bahrain banks Q3 profits sag on Saudi loans</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571558&amp;Itemid=1</link>
			<description><![CDATA[Kuwait's Gulf Bank says it expects its bad loans will weigh on company profits up to mid-2010. ]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank CEO eyes start of recovery in 2010</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568739&amp;Itemid=1</link>
			<description><![CDATA[Crisis-hit Kuwait bank also says exposure to Saad, Algosaibi would be contained, dealt with.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Zain Saudi Arabia seals $2.5bn loan</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564538&amp;Itemid=1</link>
			<description><![CDATA[Facility to be used to repay existing Murabaha, as well as fund network expansion and future growth. ]]></description>
			<category>Technology | News</category>
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			<title>Gulf Bank makes Q2 loss after H1 Saudi provisions</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=563602&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 2: Analyst expects performance of Kuwait-based bank to improve in H2.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank reports $20.4m Q2 loss</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=563583&amp;Itemid=1</link>
			<description><![CDATA[The Kuwaiti lender says in a statement it made a net loss in the first half of the year to June 30 of KD7.5m.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank back to profitability</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=555587&amp;Itemid=1</link>
			<description><![CDATA[Despite improvement at Kuwait-based bank, net profit still down 95% on corresponding quarter last year.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait financial sector 'nearly stable'</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=555049&amp;Itemid=1</link>
			<description><![CDATA[Central bank governor says too early to tell whether it has totally overcome impact of global crisis.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank share price halves as trading resumes</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=552583&amp;Itemid=1</link>
			<description><![CDATA[Kuwaiti bank badly hit by losses in derivative trading and stopped trading last Oct. ]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>'Worst over' for Kuwaiti banking sector</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=552372&amp;Itemid=1</link>
			<description><![CDATA[Q1 profits expected to decline year on year, but improve from losses in prior quarter.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank to make Q1 profit on back of rescue plan</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=552227&amp;Itemid=1</link>
			<description><![CDATA[December's bailout from shareholders covered $1.29bn loss in derivitives. ]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait to launch $275m bond scheme on April 8 </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=551775&amp;Itemid=1</link>
			<description><![CDATA[The new one-year treasury bond is fifth in a year, it will carry 2.25% coupon. ]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait Gulf Bank made $5.52m net loss in Jan</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=550401&amp;Itemid=1</link>
			<description><![CDATA[Start of 2009 shows improvement for troubled bank despite on-going losses.  ]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait central bank to issue further tranche of T-bills</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=550333&amp;Itemid=1</link>
			<description><![CDATA[Latest tranche to be issued (92m dinars) carries a coupon rate of 2.25%.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait's Gulf Bank posts $1.54bn losses for Q4 2008</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=550203&amp;Itemid=1</link>
			<description><![CDATA[Fourth-largest bank suffers full-year net loss for 2008, against net profits, 2007.   ]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait ruler accepts cabinet resignation</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=549770&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 3: Economic stimulus plan under threat as fifth cabinet in two years hands in its resignation.]]></description>
			<category>Politics &amp; Economics | News</category>
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			<title>Kuwait cabinet approves $1.4bn Gulf Bank issue</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=541934&amp;Itemid=1</link>
			<description><![CDATA[Troubled bank's emergency rights issue authorised after it suffered huge losses.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Investors throw lifeline to troubled Gulf Bank</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=540115&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 3: Approval by shareholders for $1.3bn emergency rights issue to cover huge losses.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank not seeking merger</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=539131&amp;Itemid=1</link>
			<description><![CDATA[New chairman says merger not priority until restructuring ordered by Kuwait's central bank is finalised.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait's Gulf Bank in $1.4bn capital hike after shock loss</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=538595&amp;Itemid=1</link>
			<description><![CDATA[Entire board resigns as state fund agrees to mop up any shares left unsubscribed.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Foreign investors 'interested in Gulf Bank stake'</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=537952&amp;Itemid=1</link>
			<description><![CDATA[Noor Financial Investment Co says two institutions mull move for Kuwait bank.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Moody's downgrades rating for troubled Gulf Bank </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=537779&amp;Itemid=1</link>
			<description><![CDATA[Agency lowers financial strength rating for Kuwait bank hit by derivatives deal loss.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank crisis under control, says central bank</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=537728&amp;Itemid=1</link>
			<description><![CDATA[Measures being taken to restore confidence in troubled bank after derivatives loss.]]></description>
			<category>Banking &amp; Finance | News</category>
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		<item>
			<title>Saudi lender linked with Gulf Bank takeover</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=537528&amp;Itemid=1</link>
			<description><![CDATA[Unnamed company plans to buy large stake in troubled Kuwaiti bank, reports say.]]></description>
			<category>Banking &amp; Finance | News</category>
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		<item>
			<title>Fitch downgrades rating for troubled Gulf Bank</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=537405&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 1: Agency decision comes after Kuwait had to rescue fifth largest lender.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=537405&amp;Itemid=1</guid>
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		<item>
			<title>'All options' open, says Gulf Bank</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=536737&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 1: Troubled Kuwaiti lender responds to local newspaper reports that board set to resign.]]></description>
			<category>Banking &amp; Finance | News</category>
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		<item>
			<title>Gulf Bank losses 'will be known within two days'</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=536422&amp;Itemid=1</link>
			<description><![CDATA[Kuwait bank officials currently calculating scale of problem - new chairman.]]></description>
			<category>Banking &amp; Finance | News</category>
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		<item>
			<title>Gulf Bank chief quits after losses </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=536360&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 2: Kuwait's second largest bank looking for capital increase or even merger after losses.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank customers rush to withdraw deposits</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=536164&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 2: Troubled Kuwaiti lender seeks to assure customers it is operating normally.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Kuwait central bank guarantees all deposits </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=536022&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 2: Kuwait says all deposits safe after saving Gulf Bank  from derivatives losses.]]></description>
			<category>Banking &amp; Finance | News</category>
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			<title>Gulf Bank shares suspended</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=536008&amp;Itemid=1</link>
			<description><![CDATA[Kuwait bourse  investigating derivative contract losses incurred by some of its clients, central bank says.]]></description>
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