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
Republic of Kuwait the Kuwaiti territory was transformed into the Kuwait Governorate, Iraq's 19th province, and thus it was formally annexed. Iraq's refusal to withdraw from Kuwait led to the Persian Gulf War, and on 26 February 1991 the pre-occupation government was returned to power. Republic of Kuwait The Republic of Kuwait was a short-lived and self-styled republic formed in the aftermath of the invasion of Kuwait by Ba'athist Iraq during the early stages of the Persian Gulf War. During the invasion, the Iraqi Revolutionary Command Council stated that it had sent troops into the State of Kuwait in order to assist an