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Kuwait

United Gulf Bank (بنك الخليج المتحد)

Main Activities: Banking and Credit Intermediation

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Company Information

Full name
United Gulf Bank (B.S.C.) (بنك الخليج المتحد (ش.م.ب.))

Headquarters
United Gulf Bank Tower - Diplomatic Area ; Manamah; 5964
Status: Listed
Legal Form: General Partnership
Operational Status: Operational
Incorporation Date: March 31, 1980

Tel: (+973) 533 233

Company Description

United Gulf Bank B.S.C was established as an offshore commercial bank in March 1980. It was initially incorporated as a closed Bahraini shareholding company with an authorised capital of US$ 150 million and paid up capital of US$ 74.5 million. In October 1981, the authorised and paid up capital was increased to US$ 250 million and US$ 200 million respectively, through a public offering of its shares. In 1988, 94 percent of the Bank's equity was acquired by Kuwait Investment Projects Company (KIPCO)
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