{"id":776,"date":"2013-09-18T09:59:27","date_gmt":"2013-09-18T09:59:27","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=776"},"modified":"2017-10-30T11:40:05","modified_gmt":"2017-10-30T11:40:05","slug":"a-revival-in-the-fortunes-of-gulf-bank-cfi-award-winner-in-kuwait","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/middle-east\/2013\/a-revival-in-the-fortunes-of-gulf-bank-cfi-award-winner-in-kuwait\/","title":{"rendered":"A Revival in the Fortunes of Gulf Bank: CFI Award Winner in Kuwait"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-777\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2013\/09\/gulf-bank-300x98.jpg\" alt=\"gulf bank\" width=\"300\" height=\"98\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2013\/09\/gulf-bank-300x98.jpg 300w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2013\/09\/gulf-bank.jpg 303w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>An object lesson in effective restructuring: That how the CFI.co Judging Panel described the encouraging turn-around in the fortunes of the Kuwait-based Gulf Bank which was until recently plagued by the after-effects of the 2008 financial crisis.<\/strong><\/p>\n<p style=\"text-align: justify;\">Gulf Bank has now succeeded in recapturing the public\u2019s trust which plummeted following the financial meltdown of 2008 when the bank lost most of its capital. Wisely, the Gulf Bank\u2019s new management pursued a back-to-basics strategy focusing on core competencies and steering well clear of any less promising activity.<\/p>\n<p style=\"text-align: justify;\">In order to differentiate itself from the crowd, the Gulf Bank has embraced innovation and the concept of \u201csuper service\u201d as its core values. The judging panel congratulates Gulf Bank on its on-going and rather inspiring We Promise Campaign. This marketing effort aims to emphasize the bank\u2019s prompt and efficient delivery of its many services to a standard way beyond \u2013 if not light years ahead of \u2013 the one employed at most institutions.<\/p>\n<p style=\"text-align: justify;\">Gulf Bank now boasts a vastly improved balance sheet, good governance and the full confidence of all stakeholders. Given the dramatic improvement of this bank\u2019s performance and its obvious thirst for more and better, CFI.co is pleased to name Gulf Bank as Best Commercial Bank, Kuwait, 2013.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An object lesson in effective restructuring: That how the CFI.co Judging Panel described the encouraging turn-around in the fortunes of the Kuwait-based Gulf Bank which was until recently plagued by<\/p>\n","protected":false},"author":1,"featured_media":1903,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,6],"tags":[61],"class_list":["post-776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-middle-east","tag-kuwait"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A Revival in the Fortunes of Gulf Bank: CFI Award Winner in Kuwait - 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