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
Government of Kuwait Government of Kuwait Kuwait is a constitutional emirate with a semi-democratic political system. The hybrid political system is divided between an elected parliament and appointed government. The Constitution of Kuwait, approved and promulgated in November 1962, calls for direct elections to a unicameral parliament (the National Assembly). Kuwait's judicial system is the most independent in the Persian Gulf region and the Constitutional Court is widely believed to be one of the most judicially independent courts in the Arab world. The National Assembly is the legislature in Kuwait. The National Assembly has the power to remove government ministers from their post.