History
Gulf Bank Kuwait was first incorporated on November 23, 1960 and commenced business on October 5, 1961. The Bank opened in a rented flat on Fahad Al-Salem Street in Kuwait City with a total of 50 employees and 1.8 million Kuwaiti dinars ($6 million US Dollars). The Bank's Headquarters relocated to Abdulla Al Salem Street in 1964 and then to Mubarak Al Kabir Street in 1974, which is its current location. It has 51 branches distributed around Kuwait, including the Head-Office (Mubarak Al Kabir branch) and has approximately 1500 employees of various nationalities, with more than 60% Nationals in the Head-Office and over 90% in the branches.
The main groups of the Bank are Consumer, Corporate, Treasury and International Banking.
Read more about this topic: Gulf Bank Of Kuwait
Famous quotes containing the word history:
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“The awareness that health is dependent upon habits that we control makes us the first generation in history that to a large extent determines its own destiny.”
—Jimmy Carter (James Earl Carter, Jr.)
“... in America ... children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
—Mary McCarthy (1912–1989)