Gulf Bank of Kuwait Gulf Bank of Kuwait Gulf Bank is one of the largest banks in Kuwait with a broad offering of consumer banking, wholesale banking, treasury, and financial services. Gulf Bank was founded in 1960, and listed as GBK on the Kuwait Stock Exchange (KSE) in 1984. The Bank has large network of 58 branches, with total assets of KD5,683 million for year ended 31 December 2017. Gulf Bank was founded in 1960, and commenced business operations in a rented flat on Fahad Al-Salem Street in Kuwait City with a total of 50 employees and a capital of 24 million rupees, equivalent
Sheikhdom of Kuwait in what is now Qatar, after a quarrel between them and some of the inhabitants of the region they departed and settled near Umm Qasr living as brigands, raiding passing caravans and levying taxes over the shipping of the Shatt al-Arab. Due to these practices, they were driven out of the area by the Ottoman Mutasallim of Basra and later lived in Sabiyya an area bordering the north of Kuwait Bay, until finally requesting permission from the Bani Khalid to settle in Kuwait which was then under the rule of the Emir of al-Hasa who himself was of the Bani