Sunday, 08 November 2009 | 13:00 UAE time
COMPANIES
Gulf Bank
- +0.32 Last
- +0.01 (+1.59%) Today's Change
- 3.45m Volume
- 0.31-0.49 52 Week Range
- -0.13 (-28.89%) 52 Week Change
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
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 29 October 1960 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Alghanim Industries | companies | 18.5 | Kuwait |
| Zumorroda Investment Company | companies | 10.2 | Kuwait |
| Behbehani Investment Company | companies | Kuwait | |
| Expansion for Trading and Construction | companies | Kuwait |
PORTFOLIO
| Name | Country |
|---|---|
| Shared Electronic Banking Services Company | Kuwait |
| Gulf Custody Company | Kuwait |
| Credit Information Network Company | Kuwait |
| United Projects Group | Kuwait |
| North Africa Holding Company | Kuwait |
| Gulf Holding Company - Kuwait | Kuwait |
| Al Soor Financing and Leasing Company | Kuwait |
| Kuwait Clearing Company | Kuwait |
| Zumorroda Investment Company | Kuwait |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Qotaiba Al Ghanim | Chairman |
| Salah Khaled Fulaij Al Ali Al Fulaij | Board Member |
| Abdulaziz Abdulrahman Abdulaziz Al Shaya | Board Member |
| Hussain Ahmed Qabazard | Board Member |
| Naser Yousef Naser Bourisli | Board Member |
| Khaled Saoud Al Hassan | Board Member |
| Mahdi Mahmoud Haji Haidar | Board Member |
| Adel Mohammed Rida Yousef Behbehani | Vice Chairman |
| MANAGEMENT | Position |
| Shahed Massoud Mohammed | General Manager - Treasury |
| Michel Accad | Chief General Manager |
| 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 |
| Mark Magnecca | General Manager - Marketing |
| Khaled Al Moutawah | General Manager - International Banking |
| Rassoul Al Raffoul | General Manager - Internal Audit |
| Bassam Yusuf Ahmed Al Ghanim | Managing Director |
| Michel Accad | Chief Executive Officer |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Business Analyst, Abu Dhabi, UAE
- Asst to General Manager, Abu Dhabi, UAE
- Office Manager / Secretary, Abu Dhabi, UAE
- Personal Assistant, Qatar, Qatar
- Client Manager, Abu Dhabi, UAE
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.
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