| 14.05.2009 - Gulf Bank swings back to profit |
| From Tradearabia.com: Gulf Bank, the second largest bank in Kuwait, has recorded a net profit of KD10.6 million ($36.5 million) for the first quarter of 2009, marking a new phase for the bank, with a restored profit and confidence. These results demonstrate a milestone achievement for the Bank, indicating a return to profitability following the losses incurred in the last quarter of 2008, the Gulf Bank said in a statement.......Full Article: Source |