Gulf Bank K.S.C. is a public shareholding company incorporated in Kuwait. The Bank was established in 1960 and has since progressed to becoming an industry-leading financial services provider complemented by a large network of 51 branches strategically positioned in key locations throughout Kuwait. Total assets: KD 4.8 billion (as of September 30, 2011).
The quality and commitment of the Gulf Bank team has received international recognition winning a number of awards from leading international financial magazines including "Best Retail Bank" from the Banker Middle East for four consecutive years. Gulf Bank has also been internationally recognized as a leading Kuwaiti employer and holds the Localization Award from the GCC Council of Ministers for Social Affairs and Labour for four consecutive years.
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03.11.2010 Gulf Bank has achieved an unprecedented accomplishment by winning the coveted Localization Award for the sixth consecutive year from the GCC Council of Ministers of Labour and Social Affairs. More
No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters