Annual Report

Overview

The report presents Gulf Bank's 2021 performance, including net profit of KD 42.1 million, up 46%, alongside continued digital transformation. It highlights the bank's first official sustainability report, covering Workplace, Marketplace, Community and Environment within an ESG framework and using GRI, SDGs, WEPs, KNDP and Boursa Kuwait disclosures. Social initiatives included the Gulf Bank 642 Marathon, the AJYAL Tech program, a Data Ambassadors program for 142 employees, and vaccination of 84% of 1,834 employees. The report also describes Board-level governance structures and risk oversight.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2021
Period: 1 January 2021 – 31 December 2021
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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