Wednesday 1 June 2016
 
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Gulf Bank

Gulf Bank posts $29m net profit in Q1

Gulf Bank, a leading lender in Kuwait, has registered a net profit of KD8.8 million ($29 million) for the first quarter of 2016.   This figure is down by KD 1 million year over year, said a statement from the Kuwaiti bank.

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Gulf Bank seeks shareholder nod to boost capital

Kuwait's Gulf Bank will ask shareholders to approve a number of measures it is considering to help boost its capital reserves at a meeting scheduled for March 9, it said in a bourse filing. The country's fourth-largest len

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Gulf Bank Q2 net profit jumps 28.7pc

Kuwait's Gulf Bank, the state's fourth-largest lender by assets, reported a 28.7 per cent jump in second-quarter net profit on Tuesday on the back of higher net interest income. The bank said in a bourse filing that net pr

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Gulf Bank reviews real estate market in Kuwait, GCC

Gulf Bank hosted a series of presentations for its ‘Priority Banking’ customers about real estate investment opportunities and trends in Kuwait and the GCC region recently. The events were organised weekly during the m

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Gulf Bank reviews real estate market in Kuwait, GCC

Gulf Bank hosted a series of presentations for its ‘Priority Banking’ customers about real estate investment opportunities and trends in Kuwait and the GCC region recently. The events were organised weekly during the m

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Gulf Bank Q3 net profit up 11.2pc

Kuwait's Gulf Bank, the Gulf state's fourth-largest lender by assets, reported a 11.2 per cent rise in third-quarter net profit on Sunday, according to Reuters calculations. The bank made a net profit for the three months

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Gulf Bank profit up 9pc

Kuwait's Gulf Bank, the country's fourth-largest lender by assets, reported a 9 percent increase in second-quarter net profit on Tuesday. Net profit for the three months to the end of June was 6.87 million dinars ($24.4 mi

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Al Ahli Bank names former Gulf Bank head CEO

Michel Accad has been appointed chief executive of Kuwait's Al Ahli Bank, a stock market statement said on Thursday, the latest in a series of senior management changes at Kuwaiti lenders. Accad joins Ahli, a medium-sized lender, fr

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Gulf Bank posts 10pc rise in profit

Kuwait's Gulf Bank missed analyst estimates despite reporting a 10 percent increase in first-quarter net profit on Monday. The country's fourth-largest lender by assets said net profit for the three months to the end of Ma

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Gulf Bank Q3 net profit up 2.4pc

Kuwait's Gulf Bank posted a 2.4 per cent rise in net profit in the third quarter, Reuters calculations showed on Thursday. Net profit in the three months to the end of September was KD9.86 million ($35 million) compared to KD9

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