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 the Ottomans. In July, Mubarak invited the British to deploy gunboats along the Kuwaiti coast. Britain saw Mubarak's desire for an alliance as an opportunity to counteract German influence in the region and so agreed. This led to what is known as the First Kuwaiti Crisis, in which the Ottomans demanded that the British stop interfering within what they believed to be was their sphere of influence. In the end, the Ottoman Empire backed down, rather than go to war. In January 1899, Mubarak signed an agreement with the British which pledged that Kuwait would never cede any territory nor