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Gulf Bank

Gulf Bank was established on October 29, 1960, when The Amir of Kuwait signed Amiri Decree No. (44) recognizing Gulf Bank as a shareholding company. Founded by a group of twelve merchants, Gulf Bank has since grown to become one of the largest financial institutions in Kuwait today. The company has 1,001-5,000 employees and is headquartered in Kuwait. Gulf Bank was listed on the Kuwait Stock Exchange in 1984.

Gulf Bank is one of the leading conventional banks in Kuwait with KD 7.7 billion in total assets as of 31 December 2025 and provides a wide range of services including consumer banking, wholesale banking, treasury, and financial services through its large network of over 45 branches and over 265 ATMs. As part of Gulf Bank's strategy 2025 it established InvestGB, an investment arm aimed at enhancing the fees and commission income of the bank. Subsidiaries include Gulf Capital Investment Company, InvestGB Gulf Bank of Kuwait.

Recent Leadership News

Gulf Bank appointed Faisal AlAdsani as Deputy Chief Executive Officer and Faisal AlGharabally as General Manager of Corporate Banking and International Banking, effective 9 July 2026 following nomination to the Central Bank of Kuwait. Read more: Gulf Bank names AlAdsani Deputy CEO and AlGharabally GM Corporate and International Banking.

Following the approval of the Central Bank of Kuwait, Gulf Bank appointed Bader Al-Ali as General Manager of Consumer Banking and Faisal Al-Gharabally as General Manager of International Banking, aligning with the Bank's ongoing efforts to empower national talent and promote them to leadership positions. In a strategic step reflecting its commitment to creating added value for customers, the Bank received preliminary approval from the Central Bank of Kuwait to transition into a Shariah-compliant bank.

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Facts compiled by Executive Moves from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.

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