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 (provincial sub-governors) of the Ottoman government. The independence of Kuwait was also highlighted by the statement made by Sheikh Mubarak Al-Sabah to the German team who requested an audience with him over the extension of the Berlin-Baghdad railway to Kuwait in which Mubarak said that he would not sell or rent any piece of his land to a foreigner, and that he did not acknowledge the authority of the Ottomans over Kuwait. The convention ruled that Shaikh Mubarak had independent authority over an area extending out to a radius of 80 km, from the capital. This region was marked by