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Saturday, 22 November 2008 | 22:31 UAE time

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COMPANIES

Gulf Bank

  • 0.95 Last
  • 0.00 (0.00%) Today's Change
  • 0 Volume
  • 0.95-1.72 52 Week Range
  • -0.63 (-39.87%) 52 Week Change
As of 31 Dec 1969 20:00 GMT (Market Closed)

COMPANY DESCRIPTION

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.

KEY INFORMATION

Industry

Commercial Banks, Investment Banks

Address

Al Mubarak Al Kabir Street, 3200, Kuwait City, Kuwait

T

965 2449501

F

965 2412849

E

-

W

www.e-gulfbank.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 29 Oct 1960 -

MAJOR SHAREHOLDERS

NameCountry
Alghanim Industries Kuwait
Behbehani Investment Company Kuwait
Expansion for Trading & Construction Kuwait
Zumorroda Investment Company Kuwait

PORTFOLIO

NameCountry
Al Soor Financing & Leasing Company Kuwait
Credit Information Network Company Kuwait
Gulf Custody Company Kuwait
Gulf Holding Company Kuwait
North Africa Holding Company Kuwait
Shared Electronic Banking Services Company Kuwait

OFFICERS

BOARD OF DIRECTORSPosition
Qotaiba Al Ghanim Chairman
Adel Mohammed Rida Yousef Behbehani Vice Chairman
Salah Khaled Fulaij Al Ali Al Fulaij Board Member
Abdulaziz Abdulrahman Abdulaziz Al Shaya Board Member
Hussain Ahmed Qabazard Board Member
Khaled Saoud Al Hasan Board Member
Naser Yousef Naser Bourisli Board Member
Mahdi Mahmoud Hajji Haidar Board Member
MANAGEMENTPosition
Bassam Yusuf Ahmed Al Ghanim Managing Director
Louis J. Myers Chief Executive Officer
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
Shahed Massoud Mohammed General Manager - Treasury
Khaled Al Moutawah General Manager - International Banking
Mark Magnecca General Manager - Marketing
Rassoul Al Raffoul General Manager - Internal Audit
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.