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 History of Kuwait Kuwait is a country in the Arabian Peninsula, surrounding the Gulf of Kuwait at the head of the Persian Gulf. In the eighteenth and nineteenth centuries, Kuwait was a prosperous trade port. During the Ubaid period (6500 BC), Kuwait was the central site of interaction between the peoples of Mesopotamia and Neolithic Eastern Arabia, mainly centered in As-Subiya in northern Kuwait. The earliest evidence of human habitation in Kuwait dates back 8000 B.C. where Mesolithic tools were found in Burgan. As-Subiya in northern Kuwait is the earliest evidence of urbanization in the whole Persian Gulf basin area.