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
History of Kuwait liberal and Western attitudes throughout the 1960s and 1970s. Most Kuwaiti women did not wear the hijab in the 1960s and 1970s. At Kuwait University, mini-skirts were more common than the hijab. In the early 1980s, Kuwait experienced a major economic crisis after the Souk Al-Manakh stock market crash and decrease in oil price. During the Iran–Iraq War, Kuwait supported Iraq. Throughout the 1980s, there were several terror attacks in Kuwait, including the 1983 Kuwait bombings, hijacking of several Kuwait Airways planes and attempted assassination of Emir Jaber in 1985. Kuwait was a regional hub of science and technology in